Records / Licensing deals

Reddit to OpenAI: Real-time, structured Reddit content via the Data API for ChatGPT and other OpenAI products; OpenAI also becomes a Reddit advertising partner.

Reportedly about $60 million per year (Bloomberg-sourced, per Sherwood); a widely repeated ~$70 million per year figure is an estimate

Dated 16 May 2024Source checked 17 Sep 2025Quote found on its page again 17 Oct 2026Basis: reported

In the source's own words
“Reddit reportedly struck deals of $60 million per year with Google and OpenAI last year.”
Where it was read
Reddit to OpenAI: Real-time, structured Reddit content via the Data API for ChatGPT and… | AIData.Broker