OpenAI and Reddit have entered into a partnership agreement to train ChatGPT on the social network's data, which will improve the quality of artificial intelligence and place new AI-based features on the platform.
AI Agreement
Terms of Cooperation
Reddit Inc. entered into a partnership agreement with OpenAI to transfer social network content to ChatGPT and other company products. The amount of the partnership was not disclosed. Thanks to this, artificial intelligence will be able to learn from Reddit's database, and the platform will receive new AI-based features, in particular for placing ads.
Content monetization
Reddit data has long been a popular source for training artificial intelligence models , including OpenAI. The social network recently published new rules for the use of its data, with the aim of increasing revenue through licensing agreements with AI developers and other companies. Steve Huffman, chief executive officer of Reddit, said: "Our data is extremely valuable and we're seeing a lot of interest in it."
Previous steps
Back in February, Reddit signed an agreement with a major AI company, which made it possible to use the content of the platform for training artificial intelligence models. Later, it turned out that it was about Alphabet (the parent company of Google), and the value of the deal is estimated at $60 million per year. This preceded Reddit's IPO, as the company was looking for additional sources of funding, one of which was the direction of artificial intelligence.
Market reaction
After the announcement of the partnership with OpenAI, Reddit shares, which fell by 5 .5% to $56.38 in regular trading in New York, soared to $64.75. Overall, the stock is up 66% since the IPO.
Media collaboration
OpenAI is partnering with media to train its AI. In April, the Financial Times and OpenAI struck a deal that would see the company's AI learn from the publication's archived content. At the same time, eight leading American media outlets sued OpenAI and Microsoft, accusing them of training artificial intelligence on journalistic material without compensating the publication.
Glossary
- OpenAI is a company engaged in the development of artificial intelligence, in particular ChatGPT.
- Reddit is a popular social platform where users share content and discuss various topics.
- ChatGPT is a powerful language model of artificial intelligence, developed by OpenAI, capable of generating texts, answering questions, etc.
- Alphabet is the holding company that owns Google and other technology players.
- IPO (Initial Public Offering) - initial public offering of company shares on the stock exchange.
Links
- Bloomberg article on OpenAI and Reddit partnership
- Popular source of training data for building AI models OpenAI
- Reddit's new data usage policy
Answers to questions
What is the purpose of the agreement between OpenAI and Reddit?
Why is Reddit data considered valuable for training artificial intelligence?
What other companies have similar agreements with Reddit regarding the use of their data?
What are the implications of the deal for Reddit and OpenAI?
Is OpenAI the only company using journalistic content to train AI?
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Discussion of the topic – OpenAI to train ChatGPT on Reddit data: a unique alliance
OpenAI has entered into a partnership agreement with Reddit that will allow their ChatGPT AI to learn from data from the popular social platform. This opens up new opportunities to improve ChatGPT and its ability to generate more relevant and up-to-date content.
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ChrisWilson
Nice solution from OpenAI! They will be able to improve ChatGPT's understanding of natural spoken language and create more relevant content. 🤖✨
SylviaDelgado
I wonder how much this will affect the quality of ChatGPT's responses. Reddit contains a lot of informal content and jargon. 🤔
MartinSchmidt
I hope they can filter out the toxic content from reddit. Otherwise, they risk spoiling their artificial intelligence. 😬
IsabelleRoux
This is really good news for Reddit. New AI ad features can increase their revenue. And also make the platform more personalized for users. 💰💻
GrumpyOldMan
These newfangled AI gimmicks are just money-grubbing gimmicks. Reddit was fine without it. But no one asks the old people. 👴🙄
FrancescoBianchi
OpenAI learns from data from other companies to improve its AI. That's cool! For example, they already have a deal with the Financial Times. 🗞️🤖
MariaSanchez
Reddit seems to have become a popular source for learning AI. I think due to the large amount of diverse content from users. 💬👥
JanKowalskyy
I wonder if Reddit and OpenAI will solve the content copyright problem? Otherwise, it could lead to lawsuits, as with other media. ⚖️