<figure> <img alt=“An illustration of the Reddit logo.” src=“https://cdn.vox-cdn.com/thumbor/Bbp5-v1Ca_-VqPi4p9QYq39fz_c=/0x0:3000x2000/1310x873/cdn.vox-cdn.com/uploads/chorus_image/image/73146761/WJoel_STK024_01.0.jpg” /> <figcaption>Illustration: The Verge</figcaption> </figure>

<p id=“nFNgpV”>Reddit will let “an unnamed large AI company” have access to its user-generated content platform in a new licensing deal, <a href=“https://www.bloomberg.com/news/articles/2024-02-16/reddit-is-said-to-sign-ai-content-licensing-deal-ahead-of-ipo”>according to <em>Bloomberg</em></a> yesterday. The deal, “worth about $60 million on an annualized basis,” the outlet writes, could still change as the company’s plans to go public are still in the works.</p> <p id=“dQeNsL”>Until recently, most AI companies trained their data on the open web without seeking permission. But that’s <a href=“https://www.theverge.com/24062159/ai-copyright-fair-use-lawsuits-new-york-times-openai-chatgpt-decoder-podcast”>proven to be legally questionable</a>, leading companies to try to get data on firmer footing. It’s not known what company Reddit made the deal with, but it’s quite a bit more than the $5 million annual deal OpenAI has <a href=“https://www.theverge.com/2024/1/4/24025409/openai-training-data-lowball-nyt-ai-copyright”>reportedly been offering news publishers</a> for their data. Apple has also been <a[…]