Artificial Intelligence

Artists, Writer Suing Google Agree to Merge AI Copyright Cases

Artists accusing Google LLC of copyright infringement by using their work to train a text-to-image AI model agreed with the tech giant that a judge should merge the case with another proposed class action in California federal court.

Palantir Is Rare Puzzle for Wall Street’s Brain: Jonathan Levin

No matter how much they torture their models, sell-side stock analysts just can’t come up with a justification for Palantir Technologies Inc. stock to go higher. The Peter Thiel-backed data analytics and artificial intelligence company, known for its highly sensitive work with the Department of Defense, has surged by more than 161% this year and blown past the typical Wall Street price target for the next 12 months.

HK Unveils AI Policy for Finance, Floats Tax Breaks for Crypto

Hong Kong outlined its first policy guidelines dedicated to the use of AI in finance and floated a tax break for virtual assets, part of efforts to promote itself as an Asian business center.

AI Company Settles With SEC for Allegedly Misleading Investors

The founder and CEO of Destiny Robotics Corp. will pay more than $64,000 to the Securities and Exchange Commission after allegedly making material misrepresentations to investors about its humanoid robot and hologram assistant products.

Judge Appears Wary of Constraining Nvidia in Patent Negotiations

A federal judge had tough questions for a patent owner that filed suit after purportedly being forced to negotiate the sale of its AI semiconductor technology through a tech membership group rather than directly with Nvidia Corp. and Microsoft Corp.