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Is OpenAI Too Big to Succeed?
Senator Elizabeth Warren sent a letter to Sam Altman and OpenAI, seeking assurances that it will not seek a bailout from the federal government. The letter comes as the Wall Street Journal reports that OpenAI may seek to hold an IPO in the 4th quarter this year, in part to compete with Anthropic’s expected IPO. Read more
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Shadow Library Strategy strikes again: Concord Music & music publishers file 2d music suit v. Anthropic seeking more than $3 billion. Copyright lawsuit No. 76 v. AI cos.
As news of Anthropic’s latest $10 billion funding round broke, with the company valued at $350 billion, Concord Music and a slew of other music publishers were finalizing their copyright lawsuit against Anthropic. In a statement to Billboard, the plaintiffs say they are seeking more than $3 billion from Anthropic. The complaint copies the Shadow Read more
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Anthropic enlists lawyers from White & Case for defense in copyright suit filed by Carreyrou and other book authors who opted out of Bartz class settlement
Interesting to see AI companies hiring new law firms to handle their defense in the book author lawsuit Carreyrou v. Anthropic. First, Perplexity hired Mayer Brown lawyers (who are not involved in the 4 copyright lawsuits filed in the Southern District of New York). Now, Anthropic has hired lawyers from White & Case: These lawyers Read more