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FORGOTTEN HISTORY: Ftc opens inquiry into reddit s ai data sharing practices | History Defined

The Reddit app icon is seen on a smartphone on Feb. 28, 2023, in Marple Township, Pa. Reddit said Friday, March 15, 2024, that the Federal Trade Commission has opened an inquiry into the social

Reddit has confirmed that the Federal Trade Commission (FTC) has initiated an inquiry into the platform's practices regarding the sale, licensing, or sharing of user-generated content for the purpose of training artificial intelligence models. This disclosure was made in a filing with the Securities and Exchange Commission following a letter from the FTC dated Thursday.

The company stated that due to the innovative nature of these technologies and business arrangements, it understands the FTC's interest in this area. Reddit emphasized that it does not believe it has engaged in any unfair or deceptive trade practices.

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