OpenAI Partners Up With Reddit to Bring Its Content to ChatGPT and New AI Products 1h1jg Technology News

The partnership will also enable Reddit to bring AI-powered features to its platform. 6g14

Written by Manas Mitul | Updated: 17 May 2024 12:59 IST

OpenAI Partners Up With Reddit to Bring Its Content to ChatGPT and New AI Products

Photo Credit: Reddit 3j3d35

OpenAI disclosed that while CEO Sam Altman is a shareholder in Reddit, this deal was led by the COO

Highlights

OpenAI will be able to access real-time data from Reddit
OpenAI will also become Reddit’s advertising partner
Reportedly, Reddit has a similar deal in place with Google

ment

OpenAI and similar deal with Google in February, reported to be worth $60 million (roughly Rs. 500 crore) a year.

The details of the partnership were shared in a blog working on an AI-powered search engine that could rival Google Search.

Reddit is also benefitting from this deal as the social media platform will get access to OpenAI's AI models to build features for its platform. The company said it will soon introduce AI features for redditors and the mods (the s of subreddits).

Apple Unveils New Feature to Let s Control Device With Eye Movements

Notably, OpenAI made a disclosure in its announcement post, confirming that company CEO Sam Altman was a shareholder in Reddit. The deal, however, was led by COO Brad Lightcap and was approved by its independent Board of Directors. Notably, SEC (Securities and Exchange Commission) filings of Reddit highlight that Altman is the third largest shareholder of the company.

Last year, Reddit had sparked outrage in its community by announcing its intentions to charge for its API, which was kept free ever since the company's inception. The change was not well received in the community as many third-party apps that used its API could not afford to run, and many subreddits went private to protest the move. However, the company remained firm on its decision. Now, one year later, the API is a commercial tool which has already been sold to Google and OpenAI. The social media platform went public in March 2024.

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Akash Dutta Email Akash Dutta

Akash Dutta is a Senior Sub Editor at Gadgets 360. He is particularly interested in the social impact of technological developments and loves reading about emerging fields such as AI, metaverse, and fediverse. In his free time, he can be seen ing his favourite football club - Chelsea, watching movies and anime, and sharing ionate opinions on food. More