Anthropic faced the prospect of more than $1 trillion in damages, a sum that could have threatened the company’s survival if the case went to trial.| WIRED
There is an easy answer to the question “How long does it take to write a book?” but it is not a true one. The easy answer is the duration between when you actually start putting your pen down on the first draft and when the book is finished. Maybe that’s two or three years.…| defector.com
Settlement shows AI companies can face consequences for pirated training data.| Ars Technica
Copyright class actions could financially ruin AI industry, trade groups say.| Ars Technica
The federal judge overseeing Anthropic PBC’s proposed $1.5 billion copyright settlement is concerned class lawyers are striking a deal behind the scenes that will be forced “down the throat of authors.”| news.bloomberglaw.com
Anthropic has completed a Series F fundraising of $13 billion led by ICONIQ. This financing values Anthropic at $183 billion post-money. Along with ICONIQ, the round was co-led by Fidelity Management & Research Company and Lightspeed Venture Partners. The investment reflects Anthropic’s continued momentum and reinforces our position as the leading intelligence platform for enterprises, developers, and power users.| www.anthropic.com