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Reddit reportedly signed a multi-million content licensing deal with an AI company


Reddit signed a deal with an AI company that's "worth about $60 million on an annualized basis" earlier this year, according to Bloomberg. The unnamed company will use Reddit posts and comments to train its AI models.

OpenAI, Google, Meta, Amazon, Adobe and X are among the businesses signing the agreement to prevent and combat AI-generated content that could influence voters. The biggest news stories this morning: OpenAI’s new model can generate minute-long videos from text prompts, Xbox confirms four of its games are coming to more popular consoles, The best robot vacuums on a budget for 2024. Kimi was disguised as an app that tests your eyesight by making you play spot the difference in similar photos, but it actually contained bootlegged movies and shows.

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