Data Licensing - Reddit Embraces FTC Inquiry

Data Licensing - Reddit Embraces FTC Inquiry

PYMNTS.com

Reddit received a letter from the Federal Trade Commission (FTC) regarding its data-licensing practices related to the training of artificial intelligence systems. The letter, dated March 14, 2024, informed Reddits that the FTC’s staff is conducting a non-public inquiry focused on the company’s sale, licensing, or sharing of user-generated content with third parties for the purpose of training AI models. This revelation comes as Reddi gears up for its IPO, with plans to list on

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