Reddit has signed a licensing deal with an unnamed large AI company to allow the company access to its user-generated content platform for training artificial intelligence models.
The value of this deal is estimated at $60 million on an annualized basis, but it could still change as Reddit prepares to go public.
Reddit has recently signed a licensing deal with an unnamed large AI company to allow the company access to its user-generated content platform for training artificial intelligence models. The value of this deal is estimated at $60 million on an annualized basis, but it could still change as Reddit prepares to go public. This new agreement represents a shift in how companies are approaching data collection and usage, with more emphasis being placed on obtaining permission before using user-generated content for training purposes.
Reddit has signed a contract with an unnamed large AI company to train artificial intelligence models on the social media platform's content
`The San Francisco-based firm` told prospective investors in its IPO that it had signed the deal, worth about $60 million on an annualized basis, earlier this year
Reddit may repeat this type of content-sharing-for-model-training deal in the future
Accuracy
Reddit has reportedly signed a $60 million deal with an unnamed AI biz to hand over user conversations for model training
The value of the deal is about $60 million on an annualized basis, but it could still change as Reddit prepares to go public
Deception
(100%)
None Found At Time Of
Publication
Fallacies
(85%)
The article contains several fallacies. Firstly, the author uses an appeal to authority by stating that Reddit has signed a contract with an unnamed large AI company without providing any evidence of this claim. Secondly, the author presents information about the deal as fact when it is actually speculation based on sources who are not named or quoted directly in the article. Lastly, there is no clear dichotomous depiction presented in the article.
Reddit has signed a contract allowing a company to train its artificial intelligence models on Reddit's content
The San Francisco-based firm told prospective investors in its IPO that it had signed the deal earlier this year, the people said.
Bias
(75%)
The author uses the phrase 'Reddit is said to sign AI content licensing deal' which implies that there may be some bias in reporting. The use of the word 'said' instead of stating facts creates ambiguity and can lead to speculation.
Site
Conflicts
Of
Interest (50%)
Amy Or has a conflict of interest on the topic of Reddit Inc. as she is reporting for Bloomberg which owns and operates large AI companies.
Author
Conflicts
Of
Interest (50%)
The author has a conflict of interest on the topic of AI content licensing deal as they are reporting on Reddit Inc. which is a large AI company.
Reddit has reportedly signed a $60 million deal with an unnamed AI biz to hand over user conversations for model training
The new pricing is a way to cash in on AI model makers scraping the site for training data
Previously, most AI companies trained their data on the open web without seeking permission. However, this has been found legally questionable and companies are now trying to get data on firmer footing
Accuracy
No Contradictions at Time
Of
Publication
Deception
(50%)
Reddit is reportedly selling user data to an AI company for $60 million. This deal was disclosed to investors and may be repeated in the future. The site's users expressed their opinions on the matter, with some saying that Reddit should charge more for its content while others criticized it as a way to cash in on AI model makers scraping data from the platform.
Reddit reportedly signed a $60 million deal with an unnamed AI biz to hand over user conversations for model training.
The site's users had plenty to say about the rumored $60 million deal, with some saying that Reddit should charge more for its content while others criticized it as a way to cash in on AI model makers scraping data from the platform.
Fallacies
(70%)
The article contains an appeal to authority fallacy when it states that Reddit has reportedly signed a $60 million deal with an unnamed AI biz. The author does not provide any evidence or sources for this claim.
Bias
(85%)
The article reports that Reddit has signed a $60 million deal with an unnamed AI business to hand over user conversations for model training. This is highly biased as it implies that the users' data will be used without their consent and potentially exploited by the AI company.
> The deal comes as Reddit looks to boost interest in its upcoming IPO.
Site
Conflicts
Of
Interest (100%)
None Found At Time Of
Publication
Author
Conflicts
Of
Interest (50%)
Jessica Lyons has a conflict of interest on the topics of Reddit and AI as she reports on a $60 million deal between Reddit and an unnamed company to train AI models with user data. The article does not disclose any other conflicts of interest.
Reddit has a new AI training deal to sell user content
The value of the deal is about $60 million on an annualized basis, but it could still change as Reddit prepares to go public
`Unnamed large AI company` paid more than OpenAI’s $5 million annual deal with news publishers for their data
Accuracy
`Unnamed large AI company` will have access to Reddit's user-generated content platform in a licensing deal
Deception
(100%)
None Found At Time Of
Publication
Fallacies
(70%)
The article contains several fallacies. The author uses an appeal to authority by stating that most AI companies train their data on the open web without seeking permission, which is legally questionable. This statement implies that Reddit's licensing deal with a large AI company is necessary and legal when it may not be entirely accurate or complete.
Bias
(85%)
The author of the article is Wes Davis and he has a history of writing news articles. The site that published this article is https://www.theverge.com/ which is known for its coverage on technology and entertainment topics.
> By Wes Davis, a weekend editor who covers the latest in tech and entertainment.
Site
Conflicts
Of
Interest (50%)
There are multiple examples of conflicts of interest found in the article. The author Wes Davis has a financial stake in Reddit as he is an employee and also owns stock in Google LLC., which may influence his coverage of the topic.
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