Disney and Universal have filed a lawsuit against Midjourney, alleging copyright infringement related to its AI-powered image generation service. This move marks a significant escalation in the ongoing debate about AI’s use of copyrighted material.
Tag: United States
DeFi Development’s $1B Solana Plan Faces SEC Snag: What It Means for SOL
DeFi Development Corp’s plan to raise $1 billion for Solana acquisition hits a roadblock as the SEC rejects its initial filing. Here’s a breakdown of the situation and its potential impact on the market.
FTX Users Fight to Unlock $2.2B in Disputed Bankruptcy Claims: What It Means for Crypto
FTX creditors are battling to unlock $2.2 billion in disputed claims, a significant hurdle in the bankruptcy proceedings with potential market repercussions.
Nasdaq’s Interactive Strength (TRNR) Bets Big on AI with $500M Fetch.ai (FET) Token Treasury
Interactive Strength (TRNR), a Nasdaq-listed fitness equipment company, is making waves with a $500 million investment in Fetch.ai (FET) tokens, aiming to create the world’s largest AI-focused crypto treasury. This move signals a growing convergence of AI and blockchain, with potential implications for both sectors.
Connecticut Bans Crypto for Government Use: A Sign of Things to Come?
Connecticut has passed a bill prohibiting the state and local governments from using crypto. Is this a unique case, or a bellwether for broader crypto skepticism?