Reddit (RDDT) has filed a lawsuit against AI startutp Anthropic for wrongful use of Reddit content, according to a filing in the Superior Court of the State of California, County of San Francisco. “Unlike its competitors, Anthropic has refused to agree to respect Reddit users’ basic privacy rights, including removing deleted posts from its systems. Anthropic is in fact trained on the most robust online discussion platform in the world-Reddit.com,” Reddit said in the filing. “The unauthorized commercial use of Reddit content harms Reddit, which has established a market for licensing content, through which Reddit imposes meaningful guardrails on the use of such content to protect both Reddit and its users. Other giants in the AI space understand and respect Reddit’s rules. That is why companies like OpenAI and Google have entered into formal partnerships with Reddit whereby they are permitted to use public Reddit content but only after agreeing to Reddit’s licensing terms that protect Reddit and its users’ interests and privacy. For its part, despite what its marketing material says, Anthropic does not care about Reddit’s rules or users: it believes it is entitled to take whatever content it wants and use that content however it desires, with impunity. Not so.” Reddit added in the filing that it brings this action to compel Anthropic to abide by its contractual and other legal obligations and to seek damages for Anthropic’s breaches of those obligations.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDDT:
- Reddit sues Anthropic for breach of contract, wrongful use of data
- Reddit Inc call volume above normal and directionally bullish
- Reddit initiated, Pinterest upgraded: Wall Street’s top analyst calls
- Reddit initiated with a Sector Perform at RBC Capital
- Reddit’s (RDDT) Rollercoaster Ride Enters Buy-the-Dip Territory
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue