Reddit Forges Pact With OpenAI to Bring Content to ChatGPT (3)

May 17, 2024, 1:46 PM UTC

Reddit Inc.forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums.

Shares of Reddit, which had their initial public offering in March, were up 13.7% on Friday at 9:46 a.m. in New York.

Reddit CEO Steve Huffman has been forging deals to boost revenue at the newly public company.
Photographer: David Paul Morris/Bloomberg

The agreement “will enable OpenAI’s AI tools to better understand and showcase Reddit content, especially on recent topics,” the companies said Thursday in a joint statement. The deal allows OpenAI to display Reddit’s content and train AI systems on its partner’s data. ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.