Anthropic has received final court approval for its $1.5 billion settlement in a class action lawsuit over copyright infringement related to its AI training data. The settlement will pay $3,000 per copyrighted work to authors and publishers for about 500,000 works. While the judge ruled that training AI on copyrighted text is fair use, Anthropic was found to have illegally downloaded books from pirate sites, leading to the settlement to avoid trial. This case does not set a nationwide legal precedent, and similar lawsuits against other AI companies like Google and OpenAI continue, keeping the legal debate over AI training data unresolved.
OpenAI and Anthropic increased their federal lobbying spending to a record $3.17 million in Q2 2026, up 23% from Q1, as they prepare for upcoming IPOs and the midterm elections. Anthropic spent $1.97 million, surpassing Nvidia, while OpenAI spent $1....
Major tech hyperscalers like Meta, Oracle, Amazon, Microsoft, and Alphabet have accumulated $1.65 trillion in AI-related off-balance-sheet debt, mainly through special purpose vehicles and private credit. This financing approach moves risk away from ...
Alphabet is set to report its Q2 earnings on July 22, drawing attention to leveraged ETFs like Direxion's GGLL (bullish) and GGLS (bearish) that track the stock's daily performance. Despite a 12% gain year-to-date, Alphabet's shares have dipped 3% re...
Alphabet, Google's parent company, is set to report earnings on July 22 amid mixed signals. The stock has gained 11.43% year-to-date and benefits from strong AI advancements and a major $80 billion equity raise involving Berkshire Hathaway. However, ...
BlackRock, Carhartt, Ford Motor Company, and Google have formed the Alliance for America's Skilled Trades to expand access to skilled trades training and address the growing shortage of skilled labor in the US. This coalition aims to create pathways ...
