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.
Amazon announced it will close Mechanical Turk, its crowdsourced work platform launched in 2005, on September 30, 2026. The platform connected workers with small digital tasks like data labeling and transcription, often paying a few cents per task. O...
Amazon's share of U.S. clothing spending doubled from 8.5% in 2019 to 17.0% in 2025, while Walmart's share fell from 7.3% to 6.2%. Amazon's clothing revenue surged from $38.7 billion in 2019 to $109.4 billion in 2025, widening the revenue gap with Wa...
Microsoft's stock surged 28% over the past month, driven by strong Q4 earnings beating expectations and significant growth in its Azure cloud business, which grew 43% and crossed $100 billion in annual revenue. The company holds a $678 billion commer...
The surge in AI demand is causing a global shortage of memory chips, leading Amazon to raise prices on devices like the Echo Dot by 60%. This shortage stems from AI data centers consuming vast amounts of high-bandwidth memory, limiting supply for con...
The AI infrastructure boom, driven by massive investments in data centers and chips, is now encountering three major challenges: political resistance in key states, bipartisan backlash making data centers a contentious issue, and rising Treasury yiel...
