AI Companies Are Scraping the Web for Everything – Without Asking The rise of generative AI has kicked off an arms race for data, as AI companies seek to ingest as much online content as possible to train their models. Text from websites, images, code repositories, music – and now video – are all being vacuumed…
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Key Facts Market Overview – Record Highs on AI Euphoria Wall Street’s major indexes roared to new heights in mid-week trading as AI-driven optimism swept the market. On September 10, the S&P 500 climbed 0.3% to a record 6,532.04, and the Nasdaq Composite edged to its third straight record high close reuters.com. Investors were energized…
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Corporate & Tech Industry Updates OpenAI’s Historic Cloud Deal with Oracle: OpenAI and Oracle have reportedly inked a $300 billion cloud computing deal, securing massive computing power for OpenAI over the next five years techcrunch.com. If confirmed, it ranks among the largest cloud contracts ever. Oracle declined comment and OpenAI hasn’t confirmed it, but the sheer…
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Key Facts Authors vs. AI: Landmark Settlement and New Copyright Battles After years of tension between creators and AI firms, content owners scored a major victory. Anthropic – maker of the Claude chatbot – agreed to pay $1.5 billion to settle a class-action lawsuit by authors who accused it of illegally downloading millions of pirated books…
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Key Facts Summary Authors vs. AI: $1.5 Billion Settlement and New Copyright Battles Content creators scored a major victory against AI firms. Anthropic – maker of the Claude chatbot – agreed to pay $1.5 billion to settle a class-action lawsuit by authors who alleged the startup illegally downloaded millions of pirated books to train its AI bloomberg.com.…
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Key Facts (Sept 5–6, 2025) Authors vs. AI: Copyright Showdowns Intensify Book Authors vs Tech Giants: In a new front of the AI copyright wars, Apple was hit with a proposed class-action lawsuit by two novelists on Sept 5, accusing the company of “illegally” ingesting their books to train AI reuters.com. “Apple has not attempted to…
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Consumer AI: New Tools for Translation and Shopping Both Google and Amazon introduced significant AI-powered features for everyday users. Google Translate added major upgrades that blur the line between translator and language teacher. Users can now carry on a conversation with someone in another language, and the app will automatically translate both sides in real-time…
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Key Facts Alibaba’s AI-Fueled Stock Surge Alibaba Group sparked a market frenzy to kick off September, as its shares in Hong Kong leapt nearly 19% on Sept. 1 – the stock’s biggest single-day jump since 2022 tbsnews.net. The rally came after Alibaba’s latest earnings revealed better-than-expected results in its cloud computing unit, thanks in large…
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Key Facts From Hype to Reality: AI’s Role in Radiology Today Not long ago, headlines confidently predicted that artificial intelligence would overtake radiologists by the 2020s. In 2016, AI pioneer Geoffrey Hinton famously suggested we should “stop training radiologists” because deep learning would outperform them within five years newrepublic.com newrepublic.com. Similar forecasts in top journals…
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Corporate Announcements and Industry Moves Meta’s AI Strategy – Build, Buy, or Partner Meta Platforms pursued multiple routes to boost its AI offerings. It signed a deal to license Midjourney’s image-generation technology to enhance Meta’s products, and internally its new Superintelligence Labs team has even discussed using rival models from Google or OpenAI to power…
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