Reddit will let “an unnamed giant AI firm” have entry to its user-generated content material platform in a brand new licensing deal, based on Bloomberg yesterday. The deal, “price about $60 million on an annualized foundation,” the outlet writes, may nonetheless change as the corporate’s plans to go public are nonetheless within the works.
Till lately, most AI firms skilled their information on the open internet with out searching for permission. However that’s confirmed to be legally questionable, main firms to attempt to get information on firmer footing. It’s not identified what firm Reddit made the take care of, however it’s fairly a bit greater than the $5 million annual deal OpenAI has reportedly been providing information publishers for his or her information. Apple has additionally been searching for multi-year offers with…
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