{"id":1921,"date":"2024-05-17T03:41:31","date_gmt":"2024-05-17T03:41:31","guid":{"rendered":"https:\/\/260web.com\/news\/reddit-shares-jump-after-openai-chatgpt-deal\/"},"modified":"2024-05-17T03:41:31","modified_gmt":"2024-05-17T03:41:31","slug":"reddit-shares-jump-after-openai-chatgpt-deal","status":"publish","type":"post","link":"https:\/\/260web.com\/news\/reddit-shares-jump-after-openai-chatgpt-deal\/","title":{"rendered":"Reddit shares jump after OpenAI ChatGPT deal"},"content":{"rendered":"<p>Reddit shares jump after OpenAI ChatGPT deal<\/p>\n<div data-component=\"image-block\" class=\"ssrcss-xza2yt-ComponentWrapper ep2nwvo1\">\n<figure class=\"ssrcss-8589xk-StyledFigure e34k3c23\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-rswhow-Placeholder etlorgc0\"><picture><source srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg.webp 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg.webp 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg.webp 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg.webp 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg.webp 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg.webp 976w\" type=\"image\/webp\"><img decoding=\"async\" alt=\"Reddit mascot rings New York Stock Exchange opening bell.\" loading=\"eager\" src=\"https:\/\/260web.com\/news\/wp-content\/uploads\/2024\/05\/iwP4z2.jpg\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/0246\/live\/998bc770-13f3-11ef-b724-23df41d012a6.jpg 976w\" width=\"2048\" height=\"1152.2915717539863\" class=\"ssrcss-11yxrdo-Image edrdn950\"><\/picture><\/span><span role=\"text\" class=\"ssrcss-tvuve5-StyledFigureCopyright e34k3c20\">Getty Images<\/span><\/div>\n<\/figure>\n<\/div>\n<div data-component=\"byline-block\" class=\"ssrcss-1hbb5i-BylineComponentWrapper e8mq1e90\">\n<div class=\"ssrcss-qt5zqv-BylineWrapper e8mq1e917\">\n<div class=\"ssrcss-h3c0s8-ContributorContainer e8mq1e916\">\n<div class=\"ssrcss-1u2in0b-Container-ContributorDetails e8mq1e913\">\n<div class=\"ssrcss-68pt20-Text-TextContributorName e8mq1e96\">Jo\u00e3o da Silva<\/div>\n<div class=\"ssrcss-84ltp5-Text e8mq1e910\">Business reporter<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ssrcss-jlwt2c-Divider e8mq1e915\"><\/div>\n<\/div>\n<div data-component=\"timestamp-block\" class=\"ssrcss-xza2yt-ComponentWrapper ep2nwvo1\">\n<div>\n<ul role=\"list\" class=\"ssrcss-j4gvkq-MetadataStripContainer eh44mf03\">\n<div class=\"ssrcss-13nu8ri-GroupChildrenForWrapping eh44mf02\">\n<li role=\"listitem\" class=\"ssrcss-30fcoe-MetadataStripItem eh44mf01\">\n<div class=\"ssrcss-m5j4pi-MetadataContent eh44mf00\"><span class=\"ssrcss-1pvwv4b-MetadataSnippet e4wm5bw3\"><span class=\"ssrcss-1if1g9v-MetadataText e4wm5bw1\"><time data-testid=\"timestamp\" datetime=\"2024-05-17T02:24:57.636Z\">1 hour ago<\/time><\/span><\/span><\/div>\n<\/li>\n<\/div>\n<\/ul>\n<\/div>\n<\/div>\n<div data-component=\"text-block\" class=\"ssrcss-uf6wea-RichTextComponentWrapper ep2nwvo0\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">Shares in Reddit have jumped more than 10% after the firm said it had struck a partnership deal with artificial intelligence (AI) start-up OpenAI.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Under the agreement, the company behind the ChatGPT chatbot will get access to Reddit content, while it will also bring AI-powered features to the social media platform.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The announcement highlights Reddit&#8217;s efforts to broaden its income sources away from advertising.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The deal also comes as a growing number of copyright owners mount legal challenges over the use of their material by AI firms.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">On Thursday Sony &#8211; which is the largest music publisher in the world &#8211; sent letters to Google, Microsoft and OpenAI demanding to know if they had used its songs to develop AI systems.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The BBC has approached Google, Microsoft and OpenAI for comment.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In recent months OpenAI has also agreed deals with several publishers, including the Associated Press and the Financial Times.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Meanwhile, Google announced a partnership in February which allows the technology giant to access Reddit data to train its AI models.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Both in the European Union and US, there are questions around whether it is copyright infringement to train AI tools on such content, or whether it falls under fair use and &#8220;temporary copying&#8221; exceptions.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The issue is being tested in court in the US, in several legal cases separately representing people like Game of Thrones author George RR Martin, comedian Sarah Silverman, and the New York Times.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">This week, OpenAI unveiled the latest version of the technology which underpins ChatGPT.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The firm said GPT-4o will be rolled out to all users of ChatGPT, including non-subscribers.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It is faster than earlier models and has been programmed to sound conversational in its responses to prompts.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The new version can read and discuss images, translate languages, and identify emotions from visual expressions. There is also memory so it can recall previous prompts.<\/p>\n<\/div>\n<\/div>\n<div data-component=\"topic-list\" class=\"ssrcss-1qmkvfu-TopicListWrapper etw6iwl1\">\n<div class=\"ssrcss-smoc0a-StyledTagContainer ed0g1kj1\">\n<div class=\"ssrcss-50vlbt-TopicListHeaderWrapper etw6iwl0\">\n<h2 type=\"normal\" class=\"ssrcss-1hh51ad-Heading e10rt3ze0\">Related Topics<\/h2>\n<\/div>\n<div class=\"ssrcss-17ehax8-Cluster e1ihwmse1\">\n<ul role=\"list\" spacing=\"2\" class=\"ssrcss-1ujonwb-ClusterItems e1ihwmse0\">\n<li>Social media<\/li>\n<li>International Business<\/li>\n<li>Copyright<\/li>\n<li>Artificial intelligence<\/li>\n<li>Reddit<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p>Published at Fri, 17 May 2024 02:24:57 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reddit shares jump after OpenAI ChatGPT deal Getty Images Jo\u00e3o da Silva Business reporter 1 hour ago Shares in Reddit have jumped more than 10% after the firm said it had struck a partnership deal with artificial intelligence (AI) start-up OpenAI. Under the agreement, the company behind the ChatGPT chatbot will get access to Reddit&hellip; <a class=\"more-link\" href=\"https:\/\/260web.com\/news\/reddit-shares-jump-after-openai-chatgpt-deal\/\">Continue reading <span class=\"screen-reader-text\">Reddit shares jump after OpenAI ChatGPT deal<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/1921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/comments?post=1921"}],"version-history":[{"count":0,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/1921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media\/1920"}],"wp:attachment":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media?parent=1921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/categories?post=1921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/tags?post=1921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}