Bloomberg battles copyright lawsuit over AI training

Bloomberg defends against copyright lawsuit by Huckabee & authors, claiming fair use for training its AI model, BloombergGPT. Bloomberg asserts lack of specifics in authors’ claims, deeming BloombergGPT an internal research tool.

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Bloomberg LP is moving to dismiss a lawsuit filed by Arkansas Governor Mike Huckabee and other authors who claimed the company used their books improperly to train its AI system, BloombergGPT. Bloomberg asserts that its utilization of the authors’ materials falls within the bounds of fair use, stressing its application for research purposes related to generative AI.

The authors allege Bloomberg employed their works without consent to train BloombergGPT specifically for financial analysis. Bloomberg counters these allegations by suggesting the authors haven’t provided adequate evidence of infringement and portraying BloombergGPT as an internal research resource. The company maintains that its usage qualifies as fair use, a defense gaining significance in copyright disputes linked to AI training.

Why does it matter?

At the heart of the dispute lies the interpretation of the fair use doctrine in the context of AI development. It also brings to light broader ethical considerations surrounding the balance between innovation and intellectual property rights. Additionally, the lawsuit’s complexity is underscored by the separation of claims against Meta Platforms and Microsoft, which have been transferred to California. This legal case highlights the heightened scrutiny surrounding the incorporation of copyrighted content in AI advancement.