tl;dr
A lawsuit filed in Manhattan federal court alleges that OpenAI and Microsoft (NASDAQ:MSFT) misused books by 11 nonfiction writers, including Pulitzer Prize winners Taylor Branch, Stacy Schiff, and Kai Bird, to train artificial intelligence models such as ChatGPT. In a proposed class-action suit, the...
A lawsuit filed in Manhattan federal court alleges that OpenAI and Microsoft (NASDAQ:MSFT) misused books by 11 nonfiction writers, including Pulitzer Prize winners Taylor Branch, Stacy Schiff, and Kai Bird, to train artificial intelligence models such as ChatGPT. In a proposed class-action suit, the authors claimed that their copyrights were infringed by the use of their work to train OpenAI's GPT language models. Microsoft, which has invested in OpenAI, is also named as a defendant. Similar lawsuits have emerged, with OpenAI facing legal action in New York federal court from several authors, including George R.R. Martin and John Grisham, over copyright infringement.
The amended lawsuit asserts that OpenAI "scraped" the authors' works and other copyrighted material from the internet without consent to train its GPT models, with Microsoft cited as "deeply involved" in the training and development of these models. The writers are seeking monetary damages and an order for the companies to stop infringing copyrights. This legal battle comes at a time when companies worldwide are developing their own large language models, including Meta Platforms' (META) Emu Video, Emu Edit, AudioCraft, SeamlessM4T, and Llama 2, as well as other models from Alibaba (BABA), Baidu (BIDU), Samsung (OTCPK:SSNLF), and Getty Images (GETY), among others.
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company with a market capitalization of $2.774 trillion. The stock is currently trading at $373.57 with a 52-week high of $373.57 and a low of $218.31. The stock has a price-to-earnings ratio of 36.1 and a forward dividend yield of 2.79%. The company's revenue growth has been steady at 10.34% with a net profit margin of 29.35%. Microsoft's stock has shown a bullish trend, outperforming the market and the industry. The Relative Strength Index (RSI) is at 0.353, indicating a strong bullish sentiment. However, it is important to note that past performance is not always indicative of future results, and potential risks associated with market volatility and industry competition should be considered.
More about Meta Platforms Inc.
Meta Platforms Inc. (formerly Facebook) is a technology company that develops products for people to connect and share through various devices. The stock has a market capitalization of $900.38 billion and a current stock price of $342.19. The stock has a 52-week low of $30.95 and a high of $48.97, indicating a significant increase in value over the past year. The stock also has a relatively high volatility with a beta of 1.679. The company's business model and market sentiment are positive, with a strong focus on technology and computer programming services. However, potential risks include regulatory scrutiny and market competition. Overall, the stock has shown bullish trends, but potential uncertainties in the market should be considered.
More about Alibaba Group Holding Ltd
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More about Baidu Inc
Baidu Inc is a technology company that provides Internet search services primarily in China. With a market cap of 400.71B, the stock is currently trading at $173.44. The stock has a 52-week high of $378.94 and a 52-week low of $19.14, indicating high volatility. The Relative Strength Index (RSI) is at 0.416, suggesting the stock is neither overbought nor oversold. The company's market sentiment is neutral, with a slight bullish trend, but potential risks and uncertainties exist due to the stock's high volatility and past market behavior not being a reliable indicator of future performance.
More about Alphabet Inc Class C
Alphabet Inc Class C is a multinational conglomerate with a significant presence in the technology sector. With a market capitalization of $1,718,682,255,000, it is one of the world's most valuable companies. The stock has shown a consistent upward trend, with a current price of $1,340.09 and a 52-week high of $1,374.46. The company's financial metrics reflect strong performance, with a price-to-earnings ratio of 26.46 and a dividend yield of 0.225%. However, market sentiment is cautious, with a Relative Strength Index (RSI) of 23.34 indicating potential oversold conditions. Investors should be mindful of potential risks and uncertainties associated with the stock's performance, as past market behavior is not always a reliable indicator of future performance.
More about Alphabet Inc Class A
Alphabet Inc Class A is a technology company with a market value of $1.72 trillion. The stock has a price-to-earnings ratio of 26.18 and a dividend yield of 0%. The stock has a 52-week high of $152.27 and a 52-week low of $23.34. The market sentiment for Alphabet Inc Class A is currently bullish, with a positive price trend and potential for further growth. However, it's important to note that past performance is not always indicative of future results, and there are always risks and uncertainties associated with stock market investments.
More about Getty Images Holdings Inc.
Getty Images Holdings Inc. (GTY) is a company in the trade and services sector, specifically in business services. With a market capitalization of 2036504000 and a stock price of 6.53, the company has shown a slight decrease in its stock performance with a negative change of 0.06. The market sentiment appears to be bearish, as indicated by the Relative Strength Index (RSI) of -0.773 and the Bollinger Bands showing a decrease of -0.005. While the company's financial metrics seem stable, it is important to consider the potential risks associated with the current market sentiment and the uncertainty of future performance.
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