Reddit Inc. has launched lawsuits against startup Perplexity AI Inc. and three data-scraping service providers for trawling the company’s copyrighted content to be used to train AI models. Reddit ...
On Thursday, Reddit is rolling out a new policy aimed at balancing its desire to license its content to larger tech companies, like Google, and protecting users’ privacy. The newly announced “Public ...
Reddit’s prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its IPO prospectus filed today with the ...
A key notion of the social web — that user-generated content is free to access, but not necessarily free to take — may be going head-to-head with a mammoth legal test. Earlier this week, Reddit filed ...
Social media giant Reddit is suing Perplexity AI and three other firms over alleged “industrial-scale” scraping of posts from its website. Perplexity – a San Francisco-based startup with its own ...
In a lawsuit, Reddit pulled back the curtain on an ecosystem of start-ups that scrape Google’s search results and resell the information to data-hungry A.I. companies. By Mike Isaac Reporting from San ...
Reddit's Q3 showed strong growth (revenue +68% Y/Y, DAUq +47%), turning profitable with $29.9M net income. AI data licensing contributed $33.2M, marking a new revenue stream. While the AI training ...
In its lawsuit, Reddit said Anthropic had also declined to enter into a licensing agreement for data and had unjustly enriched itself at Reddit’s expense. By Mike Isaac Reporting from San Francisco ...
Scale AI—which helps companies like ChatGPT improve the data that feeds their systems—is pictured on a laptop in New York on Aug. 16, 2023. Credit - Gabby Jones—Bloomberg/Getty Images On TikTok, ...