Recently, music publishers pursued legal action against AI company Anthropic, targeting the alleged copyright infringement involving lyrics and its chatbot, Claude. Notably, Concord and UMG subsidiaries were among the complainants.
However, in an unrelated development, Anthropic reportedly secured substantial funding from its investor with profound ties to the music industry. Google pledged up to $2 billion investment in the AI driven company, a considerable addition to its earlier funding in the AI firm, creating fervour in the quest for innovation in this realm.
This funding surge marks the second significant commitment within months. In September, Amazon announced its intention to invest as much as $4 billion in Anthropic, with $1.25 billion immediately and a prospective additional $2.75 billion.
Although these major financial injections might not directly link to the ongoing publishing lawsuit, the influx of funds suggests that Anthropic is well-positioned to address its legal expenses, strengthening its capabilities to navigate the legal dispute.