{"id":13596,"date":"2024-05-17T12:45:16","date_gmt":"2024-05-17T09:45:16","guid":{"rendered":"https:\/\/forklog.com\/en\/reddit-shares-surge-12-following-openai-partnership\/"},"modified":"2024-05-17T12:45:16","modified_gmt":"2024-05-17T09:45:16","slug":"reddit-shares-surge-12-following-openai-partnership","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/reddit-shares-surge-12-following-openai-partnership\/","title":{"rendered":"Reddit Shares Surge 12% Following OpenAI Partnership"},"content":{"rendered":"<p>Reddit has announced a partnership with OpenAI to integrate its social platform with the ChatGPT chatbot and other AI products from the company.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Reddit and OpenAI today announced a partnership to benefit both the Reddit and OpenAI user communities in a number of ways. Learn more on our corporate blog. <a href=\"https:\/\/t.co\/qah9TaRjVU\">https:\/\/t.co\/qah9TaRjVU<\/a><\/p>\n<p>\u2014 Reddit (@Reddit) <a href=\"https:\/\/twitter.com\/Reddit\/status\/1791214691592610065?ref_src=twsrc%5Etfw\">May 16, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Under the agreement, Sam Altman&#8217;s startup will gain access to the site&#8217;s <span data-descr=\"Application Programming Interface \u2014 \u043f\u0440\u043e\u0433\u0440\u0430\u043c\u043c\u043d\u044b\u0439 \u0438\u043d\u0442\u0435\u0440\u0444\u0435\u0439\u0441 \u043f\u0440\u0438\u043b\u043e\u0436\u0435\u043d\u0438\u044f\" class=\"old_tooltip\">API<\/span>, which &#8220;provides structured and unique Reddit content in real-time.&#8221;\u00a0<\/p>\n<p>This will enable OpenAI&#8217;s artificial intelligence tools to better understand and interact with posts on the platform, especially recent ones.\u00a0<\/p>\n<p>The partnership will also offer Redditors and moderators new AI-based features. Additionally, OpenAI will become an advertising partner for the social platform.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are excited to collaborate with Reddit to enhance ChatGPT with unique, up-to-date information and explore opportunities to enrich the project experience with AI-based products,&#8221; noted OpenAI&#8217;s Executive Director Brad Lightcap.\u00a0<\/p>\n<\/blockquote>\n<p>According to <a href=\"https:\/\/www.google.com\/finance\/quote\/RDDT:NYSE\">Google Finance<\/a>, on May 16, Reddit&#8217;s shares fell by 5.45%, but after the announcement, they rebounded by 12% to $63.4.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/tK0NzyR0u3doiab22tdXYIeDgA9THewLrwwAIFL2Hr2fK-JRTWsieLsjaFt3G3aLgF3jBbp2Eku7QWjyxnA29ezMOVaQewXjzGm0L_7_Aw5iNy1sC6MWSL2ZQm3jLpxj6oi_Q8lJb9H42ddNGvno3TA\" alt=\"\u0410\u043a\u0446\u0438\u0438 Reddit \u0432\u044b\u0440\u043e\u0441\u043b\u0438 \u043d\u0430 12% \u043f\u043e\u0441\u043b\u0435 \u0441\u043e\u0433\u043b\u0430\u0448\u0435\u043d\u0438\u044f \u0441 OpenAI\"\/><figcaption class=\"wp-element-caption\">Data: Google Finance.<\/figcaption><\/figure>\n<p>In February, Reddit <a href=\"https:\/\/forklog.com\/en\/news\/reddit-secures-60-million-ai-content-licensing-deal\">signed<\/a> a similar $60 million contract with Google, allowing the corporation to train its AI models on the social network&#8217;s content.<\/p>\n<p>Earlier, the platform began charging companies for API access when used for data collection aimed at training large language models.<\/p>\n<p>Back in May, Bloomberg reported that Apple had reached an agreement with OpenAI to implement the startup&#8217;s technology in iPhones.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reddit has announced a partnership with OpenAI to integrate its social platform with the ChatGPT chatbot and other AI products from the company. Reddit and OpenAI today announced a partnership to benefit both the Reddit and OpenAI user communities in a number of ways. Learn more on our corporate blog. https:\/\/t.co\/qah9TaRjVU \u2014 Reddit (@Reddit) May [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1190,1400],"class_list":["post-13596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-openai","tag-reddit"],"aioseo_notices":[],"amp_enabled":true,"views":"86","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13596"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13595"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}