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Anthropic to pay $1.5 billion to authors in landmark AI settlement

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Submitted ⁨⁨2⁩ ⁨days⁩ ago⁩ by ⁨cm0002@lemmy.world⁩ to ⁨technology@lemmy.zip⁩

https://www.theverge.com/anthropic/773087/anthropic-to-pay-1-5-billion-to-authors-in-landmark-ai-settlement

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  • hedgehog@ttrpg.network ⁨2⁩ ⁨days⁩ ago

    For reference, Anthropic is currently valued at $183 Billion and their annual recurring revenue is currently $5 Billion (up from $1 Billion in 2024). So this will cost them roughly 30% of their current annual revenue.

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