The New York Times sued OpenAI and Microsoft for copyright infringement in December 2023, joining a broader wave of creator litigation over the use of copyrighted material in generative AI training. Legal experts expect 2024 rulings to materially shape AI development pathways, either permitting training on copyrighted works or compelling licensing agreements. If courts mandate licensing, smaller players and open-source projects would face prohibitive costs relative to well-capitalized vendors, creating a structural consolidation pressure on the AI vendor landscape and potentially raising barriers to entry. For financial institutions, the outcome determines whether AI development remains fragmented or concentrates further among capital-rich incumbents.
316 other tracked developments touching the same claims.