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“The prior plan provided for the sale of assets of the debtors and a non-debtor affiliate, a discharge of the debtors, and the reorganization of any unsold assets for the benefit of the claim holders,” said Harrington, a Department of Justice official with responsibility for bankruptcy cases. “The liquidating plan
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The Authors Guild asserts that OpenAI’s actions constitute a breach of the Copyright Act. The Authors Guild, a prominent organization representing US writers, initiated a class-action lawsuit against OpenAI on September 19th. The lawsuit alleges that OpenAI improperly utilized copyrighted materials during the training of its artificial intelligence systems. Notably, this
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Japanese artificial intelligence experts and researchers are urging caution over the use of illegally-obtained information to train AI, which they believe could lead to “a large number of copyright infringement cases,” job losses, false information, and the leaking of confidential information.On May 26, a draft from the government’s AI strategy
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Midjourney, Stability AI and DeviantArt issued a response on April 18 to a group of artists who accused them of extensive copyright infringement. The artists claimed that these companies had used their work in generative artificial intelligence (AI) systems without proper authorization.The companies filed their motions in a San Francisco
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United States authorities are working on "material action" over the weekend in an attempt to limit the ripple effect across the country's banking system after the Silicon Valley Bank abruptly collapsed on March 10.According to a Reuters report citing unnamed sources, officials in the Joe Biden administration assessed the impact
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Silvergate Bank’s (SI) woes, including the shutdown of its crypto lending platform, SEN, aren’t necessarily moving the price of bitcoin (BTC), Hany Rashwan, CEO of cryptocurrency company 21.co, said. Rather, he attributed recent price levels to macroeconomic factors. Source
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