Everyone cheering for this will see no benefit from it.
Rubes.
AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit
Submitted 6 months ago by Davriellelouna@lemmy.world to technology@lemmy.world
https://www.theguardian.com/technology/2025/sep/05/anthropic-settlement-ai-book-lawsuit
Comments
humanoidchaos@lemmy.cif.su 6 months ago
Blaster_M@lemmy.world 6 months ago
Next time don’t download the pirate library.
Doomsider@lemmy.world 6 months ago
Next time don’t get caught downloading the pirate library.
FTFY
Lenggo@lemmy.world 6 months ago
Glad to see they have to pay up but what was different about this compared to the similar case that Meta won the other day?
Jack_Burton@lemmy.ca 6 months ago
It’s not really a good thing though. $1.5bil will be a drop in the bucket for them. This is a settlement, which means it won’t set any legal precedence.
douglasg14b@lemmy.world 6 months ago
Meta has more money and is apparently immune from consequences?
DeathsEmbrace@lemmy.world 6 months ago
No if you pay the president enough he will let you commit crimes against humanity.
interdimensionalmeme@lemmy.ml 6 months ago
Now that is how you build a Mote
moody@lemmings.world 6 months ago
So… how long does it take before a company stops being called a startup?
HertzDentalBar@lemmy.blahaj.zone 6 months ago
Once it starts actually generating profits id assume. Or in most cases once it gets bought out.
balder1991@lemmy.world 6 months ago
Yeah, the definition is (or at least used to be) that a startup doesn’t have a business model yet.
scintilla@crust.piefed.social 6 months ago
Probably once they can stand on their own merits and make a profit. So never in the case of AI companies.
dwemthy@lemmy.world 6 months ago
When they’re weaned from the teat of round after round of investment
LadyMeow@lemmy.blahaj.zone 6 months ago
Lmao, right. 1.5 Billy just laying around? Probably not much of a startup anymore…
aramis87@fedia.io 6 months ago
Is any of that money actually going to the authors, or is this just like a fine they hand over and they donate some money to a charity or something?
yeahiknow3@lemmings.world 6 months ago
Don’t be silly.
reddig33@lemmy.world 6 months ago
Where are they getting $1.5 billion from? Is this business actually profitable?
panda_abyss@lemmy.ca 6 months ago
They just did a fundraising round and raised like $13b
Bakkoda@sh.itjust.works 6 months ago
Haha what a funny way to say massive fraud and money laundering
Hackworth@sh.itjust.works 6 months ago
prole@lemmy.blahaj.zone 6 months ago
Series F
Does this imply that it’s the sixth round?
Goddamn.
Botzo@lemmy.world 6 months ago
$500 million in run-rate revenue
Absolutely astounding that they can raise $13B on a sixth round of funding on that.
For the less finance jargon savvy, “run-rate revenue” just means projected annual revenue.
reddig33@lemmy.world 6 months ago
Yikes.
Alphane_Moon@lemmy.world 6 months ago
Monopoly money using image generation ML tech for the design. Special partnership with HP for printing these notes.
dinckelman@lemmy.world 6 months ago
Wouldn’t doubt it for a second. They create a product they can easily gaslight all the corporate chumps into buying, and by the time they realize there’s 0 roi on it, it’s already too late
pdxfed@lemmy.world 6 months ago
At least I can enjoy stupid corporate leaders lapping up the dogfood they’re told to eat, except for the pain workers and real people suffer as a result of this yheft, trash and grift.
reksas@sopuli.xyz 6 months ago
ah yes, a “startup” that has at least 1.5 billion