Reddit Partners with OpenAI: Granting Access to Data API and Becoming an Advertising Partner

San Francisco, California United States of America
OpenAI was granted access to Reddit's Data API for real-time learning and became an advertising partner on the platform.
Reddit announced partnerships with Microsoft-backed OpenAI on May 16 and 17, 2024.
Reddit will receive AI-powered features in return.
The deals caused Reddit's shares to surge in extended trading.
Reddit Partners with OpenAI: Granting Access to Data API and Becoming an Advertising Partner

Reddit, the popular social media platform, announced partnerships with Microsoft-backed OpenAI in two separate announcements on May 16 and 17, 2024. The deals grant OpenAI access to Reddit's Data API for real-time learning and make OpenAI an advertising partner on the platform. In return, Reddit will receive AI-powered features.

The first announcement from May 16 reported that Reddit shares surged 11% in extended trading after the social media company announced a partnership with OpenAI. The deal allows OpenAI to train its artificial intelligence models on Reddit content via access to the platform's API. Additionally, Reddit will begin offering certain AI features to users and moderators, powered by OpenAI.

The second announcement from May 17 revealed that Microsoft-backed OpenAI had partnered with Reddit. This partnership grants OpenAI access to real-time content from Reddit's data API for use in ChatGPT and new products. Furthermore, Reddit will bring new AI-powered features to users and moderators, and OpenAI has become an advertising partner on the platform.

Reddit CEO Steve Huffman expressed his excitement about the partnerships, stating that “including it in ChatGPT upholds our belief in a connected internet, helps people find more of what they're looking for, and helps new audiences find community on Reddit.”

OpenAI CEO Sam Altman is also a shareholder in Reddit. The financial terms of the deals were not disclosed in either announcement.



Confidence

100%

No Doubts Found At Time Of Publication

Sources

88%

  • Unique Points
    • OpenAI signed a deal for real-time access to Reddit’s data API.
    • Reddit will bring new AI-powered features to users and mods.
    • OpenAI has become an advertising partner on Reddit.
  • Accuracy
    • ChatGPT and other new products will surface discussions from Reddit.
  • Deception (80%)
    The article contains selective reporting as it only mentions the financial benefits of the deal for Reddit and OpenAI without disclosing any potential drawbacks or negative reactions from Reddit users. The author also makes editorializing statements such as 'Redditors have been vocal about how Reddit’s executives manage the platform before' and 'It remains to be seen how they’ll react to this announcement.' These statements are not factual assertions by the author but rather her opinions. Additionally, there is a lack of transparency regarding the financial terms of the deal and the use of training data.
    • It remains to be seen how they’ll react to this announcement.
    • Redditors have been vocal about how Reddit’s executives manage the platform before
    • The deal will also ‘enable Reddit to bring new AI-powered features to Redditors and mods’ and ‘use OpenAI’s large language models to build applications.’
  • Fallacies (85%)
    The article contains a few informal fallacies and an example of inflammatory rhetoric. It uses an appeal to authority and presents dichotomous depictions. The author states that OpenAI has signed a deal for access to real-time content from Reddit's data API, similar to the one Reddit signed with Google earlier this year, implying that the two situations are equivalent.
    • . . . it remains to be seen how they'll react to this announcement. More than 7,000 subreddits went dark in June 2023 after users protested Reddit's changes to its API pricing.
    • Including it in ChatGPT upholds our belief in a connected internet, helps people find more of what they're looking for, and helps new audiences find community on Reddit,
  • Bias (95%)
    The author expresses a negative attitude towards Reddit's executives and their handling of the platform in the past. She also mentions specific incidents where users were suspended for trying to delete their posts. This could be seen as an expression of bias against Reddit and its management.
    • Recently, following news of a partnership between OpenAI and the programming messaging board Stack Overflow, people were suspended after trying to delete their posts.
      • Redditors have been vocal about how Reddit’s executives manage the platform before, and it remains to be seen how they’ll react to this announcement.
      • Site Conflicts Of Interest (100%)
        None Found At Time Of Publication
      • Author Conflicts Of Interest (100%)
        None Found At Time Of Publication

      98%

      • Unique Points
        • Reddit partnered with Microsoft-backed OpenAI
        • OpenAI will have access to Reddit’s Data API for real-time learning
        • Reddit will receive AI-powered features as part of the partnership
        • OpenAI and Reddit will be advertising partners
      • Accuracy
        • OpenAI has become an advertising partner on Reddit.
        • Redditors have protested changes to API pricing in the past, resulting in over 7,000 subreddits going dark.
      • Deception (100%)
        None Found At Time Of Publication
      • Fallacies (100%)
        None Found At Time Of Publication
      • Bias (100%)
        None Found At Time Of Publication
      • Site Conflicts Of Interest (100%)
        None Found At Time Of Publication
      • Author Conflicts Of Interest (100%)
        None Found At Time Of Publication

      98%

      • Unique Points
        • Reddit's shares surged 11% in extended trading after announcing a partnership with OpenAI.
        • OpenAI will become a Reddit advertising partner and provide certain AI features to users and moderators.
      • Accuracy
        • Reddit has threatened to block Google web crawlers from accessing its site for data scraping.
      • Deception (100%)
        None Found At Time Of Publication
      • Fallacies (100%)
        None Found At Time Of Publication
      • Bias (100%)
        None Found At Time Of Publication
      • Site Conflicts Of Interest (100%)
        None Found At Time Of Publication
      • Author Conflicts Of Interest (100%)
        None Found At Time Of Publication