FTC probing Reddit plan to let AI firms use user-generated content to train software
- Reddit disclosed an FTC inquiry into its sharing of user-generated content with third parties for AI training.
- The platform aims to diversify revenue through data licensing, with a $60 million yearly deal with Google for AI training.
- Reddit is nearing a $6.4 billion IPO valuation, driven by growing revenue and strategic partnerships for AI training.
29 Articles
29 Articles
FTC probing Reddit plan to let AI firms use user-generated content to train software
The Federal Trade Commission (FTC) is probing Reddit’s plan to let artificial intelligence (AI) firms utilize user-generated content to train their software, according to the social media company’s Securities and Exchange Commission (SEC) filing Friday. The inquiry comes just days before Reddit is slated to complete its initial public offering, after filing for it last…
Reddit reveals FTC inquiry into deals licensing its users' data for AI training
Reddit says the Federal Trade Commission has opened an inquiry into the social media platform's sale, licensing or sharing of user posts and other content to outside organizations for use
FTC launches inquiry into Reddit’s AI deals days before IPO
The Federal Trade Commission has launched an inquiry into Reddit’s licensing of user data to artificial-intelligence companies — just days before the social-media company’s long-awaited initial public offering.
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