Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Judge rules in favor of OpenAI in copyright case

Source Cryptopolitan

A federal judge in New York dismissed a copyright lawsuit on Nov. 7 against OpenAI, the artificial intelligence company behind ChatGPT.

Raw Story and AlterNet accused OpenAI of using materials from their articles without permission to train its large language model (LLM), but the judge dismissed their cases, saying that there was no proof of damages.

OpenAI argues lack of harm under Article III

In its defence, OpenAI claimed that the complaint failed to state a cognizable claim for relief under the Constitution’s Article III, with no concrete harm suffered by the plaintiffs. The US Constitution, specifically Article III, sets out the power of the Federal courts, particularly in federal questions, including in the area of intellectual property.

US District Judge Colleen McMahon agreed with OpenAI and dismissed the lawsuit, stating that the plaintiffs did not have a sufficient credible threat to sue. She said that the outlets failed to provide adequate proof that OpenAI caused them direct damage through its alleged usage of their content.

McMahon also pointed out that the problem was not in the exclusion of copyrighted materials but in the “use of Plaintiffs’ articles to develop ChatGPT without compensation.” While this is a victory for OpenAI for now, there is no telling how the case may turn out in the future. The lawyers representing the news organizations were optimistic that they could assuage the court’s worries. They vowed to refile the suit with more evidence, which shows that OpenAI may still be in legal trouble if the court rules in the future.

OpenAI still facing copyright claims

The case comes in the backdrop of recurrent legal issues faced by OpenAI and other creators of AI on the misuse of copyrighted content. In February, Raw Story and AlterNet first accused OpenAI of using thousands of articles from their websites without permission and using copyrighted content in ChatGPT.

Another legal action that was filed by The New York Times in December 2023 alleged that OpenAI had used millions of its articles without permission. Other leading news outlets also have taken legal proceedings against the company for the same reasons, for instance, Time and The Associated Press.

In light of such challenges, OpenAI has worked to obtain legal content rights and has partnered with major media companies globally. It now has a cooperation agreement with leading news providers like Financial Times, French company Le Monde, Spanish group Prisa Media, and German publication Axel Springer.

These partnerships allow OpenAI to give better and more recent information in its responses without violating copyright rules. In a bid to enhance content, OpenAI launched ChatGPT Search on 1st November. The new feature makes it possible for users to search the internet in real-time and get current news updates from ChatGPT. This feature reflects OpenAI’s policy of using only legal content and appears at a time when AI training is under criticism.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500 A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

Author Suzie

Sep 14, Mon

A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve begins The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.

Author Irene Q.

Sep 15, Tue

The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.

Silver breaks $64 as precious metals rebound — can gold hold the $4,280 line into the Fed decision?Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.

Author Suzie

Yesterday 08: 40

Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.

Dow drops 631 points as the Fed hikes — but futures are rebounding: what's next for US stocks?The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.

Author Irene Q.

9 hours ago

The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.

Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks in The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Author Irene Q.

10 hours ago

The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Popular Symbols