A federal judge approved Anthropic's $1.5 billion settlement in a class action lawsuit where authors accused the AI company of using pirated books to train its chatbot Claude. The case, backed by Amazon and Alphabet, is the largest known US copyright settlement involving AI training data. While some authors felt the settlement was insufficient, the judge rejected these claims and approved attorney fees of over $101 million. Some authors opted out and continue separate lawsuits against Anthropic.
A Nikkei study reveals that five major U.S. tech companies hold $1.65 trillion in hidden debt, far exceeding their reported liabilities. This debt has grown eightfold in four years, driven by heavy investments in artificial intelligence. Meta and Ora...
Jeff Bezos' investment firm Bezos Expeditions joined a $450 million funding round for British startup CuspAI, which uses AI to discover new materials for semiconductors, clean energy, and advanced manufacturing. Valued at $2.6 billion, CuspAI recentl...
Amazon CEO Andy Jassy clarified that the company's $200 billion investment in artificial intelligence is based on solid business foundations, not just speculation. A key part of this investment is Amazon's Trainium chip business, which is already gen...
The S&P 500's recent rally has paused, with significant price adjustments in tech and semiconductor sectors. The market is now looking to upcoming earnings reports from major tech companies to confirm growth and justify current valuations, especially...
Amazon is accelerating its revenue growth, expecting a 16.8% year-on-year increase in Q2 2026, fueled by strong momentum in its AWS cloud services and generative AI initiatives. The company is heavily investing its capital expenditure (CapEx) in AWS ...
