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Showing posts with the label DEAL

Match Group and OpenAI sign enterprise deal, ChatGPT writes the press release

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Match Group and OpenAI have signed a deal that will see the dating app giant receive over 1,000 ChatGPT enterprise licenses for its employees, as reported by TechCrunch. The company behind apps such as Tinder, Match, OKCupid, Hinge, and PlentyOfFish explained its plans to leverage AI across a variety of its apps in its Q4 earnings report, to “enable our business to evolve their existing products and build disruptive new products and user experiences that meet the changing needs and expectations of their target audiences and drive user growth.” This agreement appears to be the first step towards implementing those plans as the company m...... Read Full article on HadNews

Reddit reportedly signs $60million annual deal with AI company

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Reddit is allowing access to an “unnamed” artificial intelligence (AI) company ahead of the social platform’s initial public offering (IPO). The deal, reported by Bloomberg is worth “about $60 million on an annualized basis” for AI models to be given access to Reddit’s material. The move to allow an AI company into the nuts and bolts of content could be seen as a way to hook in more investors ahead of the platform making moves to enter the public trading domain, as we reported last month. Bloomberg’s insider has said the “San Francisco-based firm told prospective investors in its IPO that it had signed the deal, worth about $60 million...... Read Full article on HadNews