Published 1 month ago

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.

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Associated Press News

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

1 month ago·United States

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abc News

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 in training artificial intelligence models

1 month ago·United States

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CNN

Reddit discloses FTC probe into its AI content licensing practices

The Federal Trade Commission is looking into Reddit’s licensing of platform content to artificial intelligence companies, the social media company disclosed Friday in a securities filing.

1 month ago·Atlanta, United States

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CNBC

FTC investigating Reddit over AI data-licensing practices ahead of IPO

Reddit said in an updated IPO prospectus on Friday that it's being investigated by the Federal Trade Commission for its data-licensing practices.

1 month ago·United States

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Channel News Asia

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

1 month ago·Singapore

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The Hill

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…

1 month ago·Washington, United States

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