A federal judge has approved a $1.5 billion copyright settlement involving AI company Anthropic. The company will pay thousands of authors about $3,000 per book for using pirated copies to train its Claude chatbot.
I agree, sorry for my poor writing. I mean to say, the dollar value and decision to settle at this stage on such a fundamental dispute to their business is atypical, and they only agreed to it because of their absolutely nonsense valuation and the IPO plans.
Not favorable terms to them but…Gotta settle that suit quick so you can cash in with an IPO, before the bubble pops.
Right now they’re settling at their inflated valuation so it’s all Monopoly money.
right now they want retailers to hold the bags when the bubble bursts.
How is this not favorable to them? They’re making off like bandits, AND setting a bad (for everyone else) precedent
I agree, sorry for my poor writing. I mean to say, the dollar value and decision to settle at this stage on such a fundamental dispute to their business is atypical, and they only agreed to it because of their absolutely nonsense valuation and the IPO plans.