""Sam had just helped us raise a round of funding," Ohanian said on the podcast, recounting details of Reddit's $50 million Series B investment round it announced in 2014. In 2015, Altman cofounded OpenAI as a nonprofit. Between 2015 and 2016, Ohanian said, Altman had begun asking "to basically aggressively scrape Reddit." A debate ensued between Ohanian and Reddit cofounder Steve Huffman (who still serves as the now-public company's CEO). "Sam is a very smart guy, incredibly cunning," Ohanian said."
"Ohanian said he "felt in my bones" that Reddit shouldn't give the data to Altman. Ohanian said he ultimately "lost that debate." Fast forward to 2024, OpenAI and Reddit announced a formal licensing deal that would allow OpenAI to train its AI models on content from Reddit. OpenAI did not immediately respond to a request for comment. Ohanian said that Altman, to his credit, "realized before anyone else - including us, including the founders - just how valuable that data was on Reddit.""
About ten years ago Reddit leadership debated whether to hand over its user data to Sam Altman and his OpenAI venture. Altman had helped raise Reddit's $50 million Series B and cofounded OpenAI as a nonprofit in 2015. Between 2015 and 2016 Altman requested to "basically aggressively scrape Reddit." Co-founder Alexis Ohanian opposed sharing the data and felt strongly that Reddit shouldn't give it, but he lost the internal debate to Steve Huffman. In 2024 Reddit and OpenAI reached a formal licensing deal allowing OpenAI to train models on Reddit content. Altman recognized the value of Reddit's data early on.
Read at Business Insider
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