No, they aren't. The headline is just a giant lie. Why would anyone pretend to believe it?
Reddit was destroyed by bots years ago. So that's nonsense. But they have two strong reasons to pull public access. First, if the public has access to the data, then companies won't buy it for AI training. Second, if the public has access to the data, they can prove (as we already knew) that Reddit is full of bots, so there is no reason you would want to buy training data from it.