Kanye West is Dating Kim Kardashian: 'I admit I fell in Love with Kim'

Rapper Kanye West and TV reality star and long time friend Kim Kardashian are dating, according to reports.

"Kim and Kanye have now just started dating," a source told People Magazine on Thursday.

A source told the magazine West, 34 and Kardashian, 31, are keeping things "light" but "seeing where it goes."

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The couple went out to the movies and to a restaurant in New York City this week, according to TMZ.

The report comes as West releases his new song "Theraflu" where he confesses his love for her.

"I admit I fell in love with Kim ... 'Round the same time she fell in love with him ... That's cool, babygirl, do your thing ... Lucky I ain't had Jay drop him from the team." (Listen to the Song Here)

West was referring to Jay-Z who owns the New Jersey Nets where Kardashian's former husband Kris Humphries plays.

Kardashian recently ended her 72-days marriage to Humprhies.