OpenAI and Anthropic, investor funds to pay for AI lawsuits
The two companies consider using capital raised from investors to deal with copyright litigation and artificial intelligence risks
In the artificial intelligence landscape, legal tensions continue to escalate. OpenAI and Anthropic are considering activating investor funds to face multi-billion dollar claims related to the training of their artificial intelligence models.
The knot of copyright lawsuits
In recent months, authors and publishers have brought a series of lawsuits against major technology companies, claiming that artificial intelligence models were trained using copyrighted material without proper authorisation.
Anthropic has already faced a collective settlement of over a billion dollars, while OpenAI remains involved in several open litigations.
In order to cope with these risks, companies are looking for alternative financial and insurance solutions, even using part of the capital raised from investors. However, the potential volume of claims required is likely to exceed the capacity of traditional covers.
OpenAI between insurance and 'self-insurance'
OpenAI has already arranged insurance cover against emerging AI risks, but the amounts available are modest compared to the figures involved. The company is therefore considering 'self-insurance' mechanisms, i.e. the creation of an internal fund or a dedicated insurance vehicle, financed directly by its investors.
