eddit Inc. forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums.
The agreement “will enable OpenAI’s AI tools to better understand and showcase Reddit content, especially on recent topics,” the companies said Thursday in a joint Reddit will also offer its users new AI-based tools built on models created by OpenAI, which will place ads on its partner’s site. Financial terms of the deal weren’t disclosed.of training data for making AI models—including those of OpenAI.
Finding new moneymaking opportunity was part of Reddit’s pitch in the lead-up to its IPO. The company also signed an accord in January with Alphabet Inc.’s Google worth $60 million to help train large language models, the technology underpinning generative AI. OpenAI, for its part, is increasingly forging partnerships with media companies to help train its AI systems and show more real-time content within its chatbot. The ChatGPT maker also penned deals with Dotdash Meredith earlier this month and the Financial Times in April., has a long history with Reddit. He was one of the company’s largest shareholders at the time of its IPO earlier this year and briefly served as Reddit’s interim CEO in 2014.
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