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Universal Music Group sues Anthropic AI over copyright infringement

Universal Music Group (UMG), Concord Publishing and ABKCO Music & Records have filed a lawsuit against the artificial intelligence (AI) startup Anthropic on accusations of the latter committing copyright infringement in training its AI chatbot Claude.The lawsuit was filed on Oct. 18 and claims that Anthropic “unlawfully” copied and disseminated

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Character.AI Launches Group Chat for Users to Converse with Multiple AI Companions

Users subscribed to Character.AI’s $10 plan can now access the group chat for feedback and improvements, before public release. Chatbot startup Character.AI is launching a new group chat feature for subscribers. The firm, backed by venture capital giant Andreessen Horowitz (a16z), has introduced a group chat where the app’s users and

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OK Group sunsets ‘Okcoin’ for a global transition to ‘OKX’

Major cryptocurrency exchange operator OK Group continues transforming its business, rebranding its crypto ventures under the single name “OKX.”Hong Fang, chief operating officer at OK Group and president of OKX, took to X (formerly Twitter) to announce that Okcoin will be rebranding to OKX over the coming months. Founded in

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Central Bank Group to Launch Data Platform ‘Project Atlas’ for Tracking Crypto Transfers

BIS continues to warn that crypto data can be “manipulated or distorted”. The Bank for International Settlements (BIS) has unveiled a new platform it calls “Project Atlas”. According to the Wednesday announcement, the decentralized finance data platform will play an important role in the future regulation of crypto market participants. In a

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North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new data shows. According to data collated on Dune Analytics from 21.co — the parent company of 21Shares — wallets associated with the Lazarus Group currently hold around $47 million worth

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International financial group finds gaps in digital euro legislative package

The Institute of International Finance (IIF) has published an assessment of the European Commission’s proposed legislation on the digital euro. It gave the bill middling marks.The IIF is a financial industry global advocacy group headquartered in Washington, D.C. with members in 60 countries. It rated the digital euro bill introduced

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