Around half a million writers will be eligible for a payday of at least $3,000, thanks to a historic $1.5 billion settlement in a class action lawsuit that a group of authors brought against Anthropic. This landmark settlement marks the largest payout in the history of U.S. copyright law, but this isn’t a victory for authors — it’s yet another win for tech companies. Tech giants are racing to amass as much written material as possible to train their LLMs, which power groundbreaking AI chat products like ChatGPT and Claude — the same products that are endangering the creative industries,…
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Alvin Lang Sep 05, 2025 11:18 BNB Chain introduces the BSC Reth client, promising significant enhancements in node operations by leveraging advanced optimizations for faster processing and reduced overhead. The BNB Chain community has announced the introduction of the BSC Reth client, a new development aimed at significantly improving the performance and scalability of its blockchain infrastructure. This client, currently in its alpha phase, promises to deliver faster, more efficient, and scalable full node operations, according to the BNB Chain blog. Enhanced Performance and Scalability Initial tests of the BSC Reth client show…
Dot, an AI companion app that aimed to be a friend and confidante, is shutting down, the company announced on Friday. On a message published on its website, the startup behind Dot, New Computer, said that the product will remain operational until October 5, giving users time to download their data. Launched in 2024 by co-founders Sam Whitmore and former Apple designer Jason Yuan, Dot waded into what’s now become a more controversial area for AI chatbots. The app they created was described as an AI “friend and companion,” which would become more personalized to you and your interests over…
Warner Bros. is suing AI startup Midjourney for copyright infringement, alleging that the company allows users to generate images and videos of characters like Superman, Batman, and Bugs Bunny without permission. As first reported by Reuters, Warner Bros. says that Midjourney knowingly engaged in wrongful conduct, noting that the company previously restricted subscribers from generating content based on infringing images but recently lifted those protections. “Midjourney has made a calculated and profit-driven decision to offer zero protection for copyright owners even though Midjourney knows about the breathtaking scope of its piracy and copyright infringement,” the complaint reads. The lawsuit seeks…
Key Takeaways Bitwise has registered a trust in Delaware for a potential spot Avalanche (AVAX) ETF. The Bitwise Avalanche ETF would expand Bitwise’s lineup of crypto investment products if approved. Share this article Bitwise Asset Management has registered an Avalanche exchange-traded fund in Delaware as the fund manager seeks to expand its lineup of single-crypto investment products beyond Bitcoin and Ethereum.The trust entity, called “Bitwise Avalanche ETF,” was registered on September 5. The move signals that Bitwise will soon submit a registration statement to the SEC in a bid to launch the product that tracks Avalanche’s native token AVAX.Bitwise is…
Sui is trading up as bulls continue the uptick seen since SUI Group Holdings’ recent acquisition of 20 million SUI tokens. As the company boosted its treasury to over $332 million, Sui prices jumped amid optimism about the future of SUI. The altcoin is up from lows of $3.12 this week and could explode as the crypto market eyes a Q4 rebound. Sui price surge – key bet by SUI Group Holdings Although gains in the past 24 hours and week are below 3%, analysts are bullish about SUI following recent activity. The token, which currently stands at $3.41, with…
Online gaming platform Roblox is launching a TikTok-like short-form video feed for sharing gameplay moments, the company unveiled on Friday at the Roblox Developers Conference. The company also announced increased earnings for creators, new AI tools to boost creation, and other advancements in performance. The new short-form video experience, called “Roblox Moments,” is launching in beta for users 13 and above. It allows users to capture clips of their gameplay, then edit and share those clips in a scrollable feed. Users can trim their clip to up to 30 seconds, add music, and write a description before sharing it. Plus,…
Acqui-hires feel like they’re here to stay: The team behind Alex, a popular tool that lets developers use AI models within Apple’s development suite Xcode, is joining OpenAI. In a post on X, Alex’s founder Daniel Edrisian said the startup’s team is joining OpenAI’s Codex division, which is building the company’s AI coding agent. Y Combinator-backed Alex was founded in 2024 and sought to integrate AI models into Xcode. Apple, however, earlier this year updated Xcode to let users tap ChatGPT and other AI models without needing external tools. Edrisian didn’t mention if this was a reason his startup’s team…
Isotopes came out of stealth on Thursday with a healthy $20 million seed round. It offers an AI agent to solve a problem that data analytics products have struggled with for decades: The people who know how to run the big data infrastructure are not the ones who actually need to use the data. With LLMs, business managers can ask questions of their data in natural language. Isotopes’ agent, Aidnn, can provide answers and draft complex planning documents, gathering data from wherever it’s stored like finance apps, ERP, CRM, and cloud storage. There are countless agentic business analytics already offerings…