From Nasdaq:

Microsoft and OpenAI have launched ChatGPT, but this new generative AI technology is now at the center of a multibillion-dollar lawsuit filed by The New York Times. The complaint alleges copyright violation and demands that the AI models be destroyed. Allegations include verbatim passages from the Times’ content and circumvention of the paywall.

The media industry has seen this battle before, with tech companies profiting from publishers. The Times’ complaint aims to emphasize the value of its content, which is widely used to train large language models like ChatGPT. The latest lawsuit could disrupt Silicon Valley and brings the debate over AI and media to the center stage.

Following the lawsuit, The New York Times’ stock rose nearly 3%, signaling that investors believe this could be a winning move. As the Times’ reporting heavily influences the news industry and public policy, this legal battle may represent a valuable opportunity for the leading news organization to tap into the lucrative generative AI market. The outcome of the complaint is still uncertain, but it has significant implications for both the media and tech industries.



Read more: The New York Times Just Sued Microsoft and OpenAI. Should You Buy the Stock Now?