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…
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.
Reddit receives FTC inquiry on AI-related deals ahead of IPO
:Reddit said on Friday the U.S. Federal Trade Commission is conducting an inquiry focused on the company's sale, licensing and sharing of user-generated content with third parties to train artificial intelligence models."Given the novel nature of these technologies and commercial arrangements, we are not surp
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