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OpenAI and Anthropic are exploring the use of investor funds to settle potential multibillion-dollar lawsuits, the Financial Times reported on Wednesday.
Copyright owners have launched a series of high-stakes lawsuits against tech firms, including OpenAI, Microsoft , and Meta Platforms, alleging unauthorized use of their material to train AI systems.
OpenAI, which has tapped Aon, has secured coverage of up to $300 million for emerging AI risks, the report said, citing people familiar with the company’s policy.
However, another person disputed this…
