July 22 (Reuters) – Britain’s Bloomsbury Publishing (BLPU.L), confirmed on Wednesday it was among the beneficiaries of a landmark $1.5 billion settlement that resolves claims artificial intelligence company Anthropic used copyrighted books to train its AI models without purchasing the content.
Here are some more details:
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Bloomsbury said a U.S. court identified 14,087 of its titles covered by the settlement, with proposed compensation of about $3,000 per title, split equally between the author and publisher.
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The settlement stems from a class-action lawsuit, approved by a federal judge on Monday, which was brought by authors who alleged Anthropic used their books without permission to train its Claude AI chatbot.
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The settlement is the largest known copyright payout in U.S. history.
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The British company said settlement proceeds would be spread over several payments estimated to begin in the second half of the financial year.
Reporting by Anushka Chourasia in Bengaluru.
