People who filed a relief claim expected to get between $19 and $48 — but are likely to get a much higher payout because less than 1% of those eligible submitted claims.
Thomson Reuters Corp. closed 2.3% short of its 52-week high of C$256.51, which the company reached on February 11th.
Legal experts said there are key differences in Thomson Reuters' case against Ross Intelligence and other major AI-related copyright litigation.
A federal judge in Delaware on Tuesday said that a former competitor of Thomson Reuters was not permitted by U.S. copyright law to copy the information and technology company's content to build a competing artificial intelligence-based legal platform.
StockNews.com downgraded shares of Thomson Reuters (NYSE:TRI – Free Report) (TSE:TRI) from a hold rating to a sell rating in a research report report published on Thursday. A number of other equities analysts have also issued reports on the company.
Thomson Reuters has won an early battle in court over the question of fair use in artificial intelligence-related copyright cases. The media and technology company filed a lawsuit against Ross Intelligence — a now-defunct legal research firm — in 2020,
The Thomson Reuters decision has big implications for the battle between generative AI companies and rights holders.
In an early test case for copyright holders bringing claims related to content used to train artificial intelligence, a Kirkland & Ellis team led by Dale Cendali, Joshua Simmons and Miranda Means secured a summary judgment ruling finding ROSS Intelligence infringed on 2,
An AI company lifted material from Thomson Reuters' research platform, arguing fair use and innocent infringement. A court has ruled it was copyright violation.
Amazon.com Inc. has acquired over 95 acres of the former Thomson Reuters campus in Eagan, supporting other indicators that the ecommerce giant is involved in a redevelopment of the site.
Earlier this week, a federal judge rejected an AI startup's claim that using copyrighted material to train its AI system was permissible under
Thomson Reuters Corp. closed 2.4% below its 52-week high of C$256.51, which the company reached on February 11th.