Partnership2024-05-16confirmed

OpenAI × Reddit, Inc.

OpenAI and Reddit announced a partnership that gives OpenAI access to Reddit's real-time stream of content through its Data API. [31] The deal allows OpenAI to train its models and surface attributed Reddit content within ChatGPT. As part of the agreement, Reddit will also gain access to OpenAI's technology to build AI-powered features for its users and moderators. [31] Financial terms were not disclosed. [37]

Price paid
Not disclosed
Losing bid
Per unit
no meaningful ratio

The asset

Access to Reddit's real-time Data API, allowing OpenAI to train its models on the content and bring Reddit content with attribution into ChatGPT and new products.

The record

Seller status
Going concern
Sector
social network / forum
Modalities
text
Jurisdiction
US

What it means if you hold data

This deal provided OpenAI with a second major source of real-time, conversational training data after its agreement with X (formerly Twitter) lapsed. For Reddit, it secured another major AI partner besides Google, strengthening its negotiating position and demonstrating the high demand for its data among leading AI labs. [37]

Sources