Anthropic to pay $1.5 billion to authors in landmark AI settlement

In what’s potentially the first major payout to creatives whose work was used to train AI systems, Anthropic has reached an agreement to pay “at least” a staggering $1.5 billion, plus interest, to authors to settle its class-action lawsuit. The amount breaks down to smaller payouts expected to be approximately $3,000 per book or work. Lawyers … Read more

Popular DEX Hyperliquid Moves Forward to Launch Proprietary Stablecoin

Decentralized exchange Hyperliquid (HYPE) is preparing to launch its own U.S. dollar stablecoin, according to a Friday announcement from the Hyperliquid Foundation on the platform’s Discord server. The protocol has reserved the ticker USDH, which validators will soon vote to allocate through an on-chain governance process, the announcement read. Teams interested in deploying USDH can … Read more

Showrunner wants to use generative AI to recreate lost footage from an Orson Welles classic

Showrunner — the startup that wants to “revolutionize” the entertainment industry by charging people to prompt up AI-generated videos featuring copyrighted IP — is working on a new project to restore an Orson Welles classic. On Friday, Showrunner announced that it has designed a new generative AI model that is meant to help recreate lost … Read more