Colossal Biosciences seeks funding at up to $30B valuation, tripling prior worth

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De-extinction startup Colossal Biosciences is reportedly in talks to raise a new round of capital. The company is targeting a valuation between $20 billion and $30 billion. If achieved, this would represent roughly double to triple its previous valuation. The fundraising discussions signal growing investor interest in the biotech firm's work on reviving extinct species.

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Anthropic's $1.5B Copyright Settlement Receives Final Court Approval

Anthropic has received final approval for a landmark $1.5 billion copyright settlement, closing out one significant legal dispute. The case centered on the use of copyrighted works in training artificial intelligence models. While the settlement marks a major resolution, it does not establish a definitive legal standard for the broader industry practice of using copyrighted material in AI training. The underlying question of whether such use is legally permissible remains unresolved across the AI sector.

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TechnologyBBC Tech ·

Companies blend traditional craftsmanship with tech skills in apprentice training

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TechnologyTechCrunch ·

Trump's AI Standards Center Director Resigns, Adding to Leadership Instability

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TechnologyThe Verge ·

Sony sues Udio over copyright infringement of 30,000 songs

Sony Music Entertainment has filed a new lawsuit against AI music generator Udio in a New York court, alleging copyright infringement of over 30,000 songs. The catalog includes tracks from artists such as Elvis Presley, Beyoncé, and Harry Styles. Sony states that the listed songs represent only a fraction of the works it believes Udio has infringed. The lawsuit follows an earlier 2024 legal action in which Sony, Universal Music Group, and Warner Records jointly sued both Udio and rival AI music platform Suno. Sony's latest claims reportedly stem from evidence obtained after gaining access to Udio's training data through the discovery process.

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