<story><title>Google cut a deal with Reddit for AI training data</title><url>https://www.theverge.com/2024/2/22/24080165/google-reddit-ai-training-data</url></story><parent_chain><item><author>steveBK123</author><text>$60M&amp;#x2F;year for GOOG to access all their data when they purport to be targeting a $5B valuation at IPO is really cheap.&lt;p&gt;Arguably Reddit&amp;#x27;s value is it&amp;#x27;s data, and GOOG is renting it for 1.2%&amp;#x2F;year?</text></item></parent_chain><comment><author>paxys</author><text>1. It is pointless to compare total company value with an annual payment.&lt;p&gt;2. It isn&amp;#x27;t an exclusive license. There are dozens of companies training language models, and if they are all forced to pay the same amount then that&amp;#x27;s some serious cash.</text></comment>
<story><title>Google cut a deal with Reddit for AI training data</title><url>https://www.theverge.com/2024/2/22/24080165/google-reddit-ai-training-data</url></story><parent_chain><item><author>steveBK123</author><text>$60M&amp;#x2F;year for GOOG to access all their data when they purport to be targeting a $5B valuation at IPO is really cheap.&lt;p&gt;Arguably Reddit&amp;#x27;s value is it&amp;#x27;s data, and GOOG is renting it for 1.2%&amp;#x2F;year?</text></item></parent_chain><comment><author>taion</author><text>Google are already indexing Reddit, so this might reflect the incremental value of direct API access plus keeping everyone happy. I would be surprised if Reddit’s threats to block Google’s crawler were all that credible.</text></comment>