Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.
This data was out in the open for a decade and still is. People could train their llm without problems.
Exactly. Why is this being upvoted?
They just started charging for API usage so isn’t it already not open?
Not legally / free.
And yes, that very very much matters if you intend to actually sell the service to companies that they themselves dont want to get hit in the crossfire of potential lawsuits for building their products on top of stolen info.
So if you can own the data itself (via buying reddit), you now have an ENORMOUS quantity of prime training data that you’re investors and potential customers know is legally clean, because you literally own it.