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The latest news and updates from companies in the WLTH portfolio.
AMD: Anthropic Might Unlock $1,000 (NASDAQ:AMD) | Seeking Alpha
This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More " After signing up Microsoft (MSFT) as a scale AI chip customer, Advanced Micro Devices, Inc. (AMD) might have another big customer announcement prior to the big AI event this week. The Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn more. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Anthropic settles with authors and publishers for $1.5 billion in landmark copyright case
A federal judge today approved a $1.5 billion settlement awarded to authors and publishers whose works were used by Anthropic PBC to train the AI chatbot, Claude, in what is the largest copyright class action settlement in history. Judge William Alsup issued a preliminary approval of the settlement last year, though he has since retired, with U.S. District Judge Araceli Martínez-Olguín today calling the settlement fair and adequate. "The $1.5 billion settlement provides substantial benefits to the class in light of the novel claims asserted," she wrote. "Success at trial was not assured, and a loss would have left the class with no recourse." The payout means authors and publishers will receive $3,000 for each of the roughly 500,000 works that Anthropic copied from pirate libraries while developing its AI chatbot, Claude. The plaintiffs alleged that Anthropic trained its models on hundreds of thousands of copyrighted books obtained from illegal piracy websites such as Library Genesis and Pirate Library Mirror. "Anthropic has attempted to steal the fire of Prometheus," wrote the plaintiffs. "It is no exaggeration to say that Anthropic's model seeks to profit from strip-mining the human expression and ingenuity behind each one of those works." The company is now required to destroy all the pirated material. The central issue that has spawned a plethora of lawsuits -- whether it is legal to train AI models on copyrighted material -- has not yet been definitively resolved. Judge William Alsup sided with Anthropic, ruling that training its AI on copyrighted books constituted fair use. However, he also held that obtaining those books from pirate websites fell outside the protection of fair use and therefore infringed copyright. Countless lawsuits are still awaiting resolution, with companies including Google LLC, Meta Platforms Inc., Midjourney Inc., Perplexity AI Inc., and OpenAI Group PBC, all hoping for a favorable outcome. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law -- which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement after today's judgment. "We are pleased that more than 91% of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close."
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
China's Moonshot AI Releases Open-Source Kimi K3 Model, Challenging Anthropic's Opus
The breakthrough sent ripples through global markets, causing chip stocks to tumble. A report from Zero Hedge described the release as the latest "DeepSeek moment" that sparked a chip meltdown. [1] Moonshot AI's Kimi K3 now ranks first on the Frontend code benchmark on Arena, according to the report. [1] Kimi K3 Specifications and Performance Kimi K3 contains 2.8 trillion parameters, serving as a measure of the AI's scale and processing power, according to a report by the BBC. [8] The model was trained on a dataset of 15 trillion tokens, according to Moonshot AI's technical report. The company stated that Kimi K3 achieved scores within 2% of Claude Opus on major benchmarks including MMLU, HumanEval, and GSM8K. Moonshot AI emphasized that Kimi K3 is available for free under a permissive license for both research and commercial use, with full open-source release scheduled for July 27, 2026. [8] The company's earlier Kimi K2 models had already been well received in the open-source AI market, and Kimi K3 is expected to close the gap with Anthropic's Opus 4.8, according to the Financial Times as reported by TechCrunch. [2] Open-Source vs. Proprietary: Industry Context The open-source release contrasts with Anthropic's decision to keep Opus as a proprietary, subscription-based model. Analysts noted that open-source models allow broader access but raise concerns about misuse and control. [9] A report from NaturalNews argued that China's open-source AI strategy could "crush the U.S. industry" and collapse the semiconductor bubble, as US AI companies raise prices and switch to per-token pricing. [4] Moonshot AI's move could pressure other companies to open-source their models, said analysts. Chinese tech companies have been rapidly advancing, with Beijing weighing restrictions on foreign access to China's top AI models. [3] The open-source nature of Kimi K3 could complicate enforcement of content controls that China's government imposes on domestic models, the report noted. Reactions and Expert Commentary "This is a significant step for the global AI ecosystem," said Dr. Li Wei, a professor at Tsinghua University, in an interview. "China is demonstrating its ability to compete at the frontier while sharing the technology." Some US-based researchers expressed caution. "Open-source models can accelerate innovation, but they also lower barriers for malicious actors," Dr. Sarah Johnson of Stanford University told Reuters. Moonshot AI officials defended the decision, stating that transparency fosters trust and collaboration, according to a company statement. Meanwhile, readers of The Epoch Times expressed wariness about AI's growing role in society. One reader said: "Truly, AI can be very beneficial if used correctly. Sadly, humans ruin most good ideas." [5] Implications for AI Competition and Regulation The release may intensify the technology race between the United States and China. A report noted that China currently leads in 37 of 44 critical technologies, including AI, defense, and quantum research, while the US trails in most areas. [11] China is also investing $295 billion over five years on a nationwide AI infrastructure network, according to Bloomberg News. [10] In addition, Russia and China have joined with 29 nations to create a new international body, the World Artificial Intelligence Cooperation Organization (WAICO), headquartered in Shanghai, to promote a "people-centered" approach to AI. [6] The Trump administration has placed export controls on advanced US models such as Anthropic's Fable 5, potentially slowing technology transfer but also accelerating China's push for self-reliance. [7] A spokesperson for the US National Security Council declined to comment directly on Kimi K3 but reiterated support for responsible AI development globally. The implications for global AI governance remain uncertain as both nations pursue policies to regulate development and distribution.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
Anthropic's $1.5b copyright lawsuit settlement approved
A US judge has signed off on artificial intelligence company Anthropic's landmark $US1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law - which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead lawyer, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the lawyers more than $US101 million of the $US187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
US judge approves Anthropic's $1.5 billion settlement of copyright lawsuit
July 20 (Reuters) - A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic's landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. U.S. District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a U.S. copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major U.S. case to settle. Now-retired Judge William Alsup initially approved the deal last September. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law -- which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91% of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead attorney, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing that the company, which is backed by Amazon and Alphabet , used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found that the company violated their rights by saving more than 7 million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said that complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the attorneys more than $101 million of the $187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing. (Reporting by Blake Brittain in Washington, Editing by Alexia Garamfalvi, Sanjeev Miglani and Stephen Coates)
US judge approves Anthropic's $1.5 billion settlement of copyright lawsuit
July 20 (Reuters) - A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic's landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. U.S. District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a U.S. copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major U.S. case to settle. Now-retired Judge William Alsup initially approved the deal last September. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law -- which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91% of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead attorney, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing that the company, which is backed by Amazon and Alphabet , used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found that the company violated their rights by saving more than 7 million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said that complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the attorneys more than $101 million of the $187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing. (Reporting by Blake Brittain in Washington, Editing by Alexia Garamfalvi, Sanjeev Miglani and Stephen Coates)
US judge approves Anthropic's US$1.5bil settlement of copyright lawsuit | New Straits Times
SAN FRANCISCO: A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic's landmark US$1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its artificial intelligence (AI) chatbot Claude. US District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a US copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major US case to settle. Now-retired Judge William Alsup initially approved the deal last September. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law -- which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91 per cent of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead attorney, Justin Nelson, welcomed what he called a "historic settlement." What To Read Next "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. × 00:06 01:00 Tonton Non Stop, On Top! Player Insights Video- Viewport / Frames- Audio- Buffer Video / Audio- Time- Stream- Player version- Bitmovin PlayerAdaptive Streaming for the WebPlayer: 8.267.0UI: 4.17.0 Show Player Insights Copy link at current time Video Qualityauto Speednormal Audio Track- Audio Qualityauto Subtitlesoff (0) BackReset Font sizedefault Font styledefault Font familydefault Font colordefault Font opacitydefault Character edgedefault Character edge colordefault Background colordefault Background opacitydefault Window colordefault Window opacitydefault The writers sued Anthropic in 2024, arguing that the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found that the company violated their rights by saving more than seven million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said that complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the attorneys more than US$101 million of the US$187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing.
US judge approves Anthropic's $1.5 billion settlement of copyright lawsuit
July 20 (Reuters) - A federal judge in San Francisco on Monday signed off on artificial intelligence company Anthropic's landmark $1.5 billion settlement of a class action lawsuit brought by a group of authors who accused it of misusing their books to train its AI chatbot Claude. U.S. District Judge Araceli Martinez-Olguin granted final approval of the settlement, the largest known settlement of a U.S. copyright case, rejecting arguments that it was too small. The case is one of dozens brought by copyright owners including authors and news outlets against tech companies over the training of their large language models, and the first major U.S. case to settle. Now-retired Judge William Alsup initially approved the deal last September. "We reached this settlement in 2025, after the court's landmark ruling that training AI on books is fair use under copyright law -- which remains the law today," Anthropic deputy general counsel Aparna Sridhar said in a statement. "We are pleased that more than 91% of authors and publishers covered by the settlement have claimed their share of the payment, and we're looking forward to bringing this matter to a close." The authors' lead attorney, Justin Nelson, welcomed what he called a "historic settlement." "It is the largest known copyright recovery in history. We look forward to making distributions to the Class as promptly as possible," Nelson said in a statement, referring to payments to authors covered by the settlement. The writers sued Anthropic in 2024, arguing that the company, which is backed by Amazon and Alphabet , used pirated versions of their books without permission to teach Claude to respond to human prompts. Alsup ruled last June that Anthropic made fair use of the authors' work to train Claude, but found that the company violated their rights by saving more than 7 million pirated books to a "central library" that would not necessarily be used for AI training. A trial was scheduled to begin last December to determine how much Anthropic owed for the alleged piracy, with potential damages running into the hundreds of billions of dollars. The settlement spurred objections from some authors who argued it was not large enough, overcompensated the plaintiffs' attorneys or wrongly excluded some copyright owners. Judge Martinez-Olguin overruled those objections in her ruling on Monday. The judge said that complaints about the settlement's size were "not grounded in a realistic assessment of the overall risks and rewards of a trial," and awarded the attorneys more than $101 million of the $187.5 million they requested in fees. Some authors and publishers opted out of the settlement and have filed separate lawsuits against Anthropic that are still ongoing. (Reporting by Blake Brittain in Washington, Editing by Alexia Garamfalvi, Sanjeev Miglani and Stephen Coates)
Anthropic's landmark $1.5B copyright settlement is approved
Anthropic can finally start cutting checks to a group of authors and book publishers that sued the AI lab over copyright infringement. A federal judge gave final approval Monday of Anthropic's landmark $1.5 billion settlement of a class action copyright lawsuit, Reuters reported. Judge William Alsup of the U.S. District Court for the Northern District of California issued a preliminary approval of the settlement last year, after ruling that Anthropic had illegally downloaded and stored millions of copyrighted books. Alsup has since retired and Judge Araceli Martinez-Olguin signed off on the settlement on Monday. The payout will deliver $3,000 per work across an estimated 500,000 works, shared among the authors and publishers who hold rights to them. While the settlement is believed to be the largest in the history of U.S. copyright law, many authors and creators still don't view it as a win. That's because of how the legal question was resolved. Alsup sided with Anthropic on the core issue. He ruled that training an AI model on copyrighted text counts as fair use -- a decision widely seen as a turning point for the AI industry. But the ruling didn't excuse how Anthropic obtained the books in the first place. Anthropic had built its training library from two sources: books it purchased and scanned (fine), and books it downloaded from pirate sites like Library Genesis and Pirate Library Mirror. Alsup found the second method illegal on its own terms and said that piracy question could go to trial; Anthropic agreed to a settlement soon after to avoid a trial and whatever damages a jury might have awarded. While the final approval closes out this case, it doesn't settle the legal question industry-wide because Alsup's ruling was a single district court decision, and Anthropic's decision to settle means the case will never reach an appeals court to become binding precedent. Other judges are still free to reach their own conclusions on their own facts, which is exactly what's playing out elsewhere. There is still a string of copyright lawsuits against companies such as Google, Meta, Midjourney, and OpenAI over whether it's legal to train AI models on copyrighted works. Just last week, a group of publishers and authors, including Hachette, Cengage, Elsevier, author Scott Turow, and S.C.R.I.B.E. filed a class action lawsuit against Google over accusations that the company used their copyrighted works to train its AI platform, Gemini.
Q3 2026 Anthropic Is Winning on Value, Not Price - PitchBook
The market is pricing tokens, but it should be pricing work Frontier token prices collapsed in July, and the coverage has the story backwards. Buyers do not purchase tokens; they purchase completed tasks, and once you price the work rather than the tokens, the ranking inverts. The near-priciest model on the sheet becomes the cheapest to run, and the models winning the price-cut headlines become the most expensive way to get an agentic job done. The best model for the money is currently Claude Opus 4.8, but Google's Gemini 3.1 Pro, a frontier model at a fraction of the price, closes the gap to a whisker. This note shows why, and it argues that the price war is a trap that transfers the appearance of savings to the buyer and the real cost of failure right back to them.
