Reported about 19 hours ago
OpenAI and Anthropic are reportedly looking into utilizing investor funds to address potential multibillion-dollar lawsuits regarding unauthorized use of copyrighted materials to train their AI systems. Following a series of legal challenges from copyright owners against major tech companies, both firms are exploring options such as increased insurance coverage and self-insurance strategies. A recent federal judge approved a $1.5 billion settlement in a copyright case involving Anthropic, further highlighting the financial challenges these companies face.
Source: YAHOO