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Reddit reportedly signed a $60 million deal with a “large AI company” to allow its online communities to be scraped for AI training data, according to Bloomberg on Friday. The unnamed AI company will sift through millions of posts on Reddit, and train a large language model on Reddit’s threads.Reddit Knowingly Downvoting Self | Future TechReddit is reportedly weighing an IPO with a $5 billion valuation, despite only bringing in $800 million in revenue last year. Reddit is not profitable but has a rich valuation because…

Welcome to AI This Week, Gizmodo’s weekly deep dive on what’s been happening in artificial intelligence.What Could the Future of Medical AI Look Like?Last year, after Buzzfeed laid off its entire newsroom and made a pronounced pivot to AI-generated content, I made the argument that journalists should treat the technology as an existential threat. It seemed clear that companies like OpenAI were creating content-generating algorithms that could be used to compete with traditional (read: human) reporters. I added the…