REDDIT HAS A NEW AI TRAINING DEAL TO SELL USER CONTENT

Summary from the TLDR newsletter

Reddit has signed a deal with an unnamed large AI company for access to its user-generated content platform. The deal is worth about $60 million annually. It is still subject to change as Reddit's plans to go public are still in the works. Companies like OpenAI and Apple are also seeking to make deals with other platforms to use their data to train AI models.