Reddit to Charge Tech Giants for Access to Data Used to Train AI Systems

Reddit will introduce a paid tier for companies wanting to access its API for commercial purposes, including training AI systems.
Major tech companies like Google, Microsoft, and OpenAI currently use Reddit's data for free to develop AI chatbots and other systems.
Reddit's API will remain free for developers building Reddit apps and bots, as well as researchers studying Reddit for academic or noncommercial use.
Reddit wants to find ways to make money from its user-generated content as it prepares for an initial public offering.
Reddit's CEO said tech giants have been benefiting from Reddit's data without providing value to Reddit users.