Refile: UK's Bloomsbury among beneficiaries of $1.5 billion Anthropic copyright lawsuit settlement
REFILE-UK's Bloomsbury among beneficiaries of $1.5 billion Anthropic copyright lawsuit settlement Corrects day to Wednesday from Tuesday in paragraph 1
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:
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.
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.
The settlement is the largest known copyright payout in U.S. history.
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)
((Anushka.Chourasia@thomsonreuters.com))
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