tl;dr
Amid several lawsuits alleging copyright infringement, Microsoft (NASDAQ:MSFT)-backed OpenAI is working on a tool to let content creators have more control on how their content is used to train artificial intelligence. The tool, known as Media Manager, is slated to be available in 2025 and will let ...
Amid several lawsuits alleging copyright infringement, Microsoft (NASDAQ:MSFT)-backed OpenAI is working on a tool to let content creators have more control on how their content is used to train artificial intelligence. The tool, known as Media Manager, is slated to be available in 2025 and will let creators notify OpenAI how they want their work included — or excluded — from training AI. Media Manager will use "cutting-edge machine learning research" to identify copyrighted works across multiple venues, including text, images, audio, and video, the company said. Additional choices and features will be added "over time," OpenAI added. "We are not professional writers, artists, or journalists, nor are we in those lines of business," OpenAI said in a blog post. "We focus on building tools to help these professions create and achieve more. To accomplish this, we listen to and work closely with members of these communities, and look forward to our continued dialogues." OpenAI largely scrapes publicly available data across the web to train its AI models, a method that has been hit with some public scrutiny and resistance. OpenAI and Microsoft were sued by a conglomerate of newspapers owned by investment fund Alden Global Capital late last month for alleged infringement. Eight daily newspapers were part of the lawsuit, including The New York Daily News, The Chicago Tribune, and The San Jose Mercury News. The New York Times Company (NYT) sued Microsoft and OpenAI for copyright infringement in late December, alleging the tech companies illegally used the newspaper's content to train artificial intelligence models. Since then, The Times and OpenAI have been engaged in a back and forth, with OpenAI saying the newspaper company is "not telling the full story" and accusing the Times of hacking its products. The New York Times denied OpenAI's claim that it improperly used its products and said the company is "grandstanding." A group of 11 nonfiction writers joined a lawsuit in Manhattan federal court last year that alleged OpenAI and Microsoft misused their books to train the companies' AI models. In September, OpenAI was sued in a New York federal court by a number of authors, including George R.R. Martin and John Grisham, over alleged copyright infringement. OpenAI has deals with media firms such as Financial Times, Axel Springer, French newspaper Le Monde, and Spanish media conglomerate Prisa Media to train its AI models using their content. It also has existing deals with the Associated Press, the American Journalism Project, and NYU.
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best-known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers.
Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. It was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: 307.36B
Current Price: 35.84
Change: 2.93
Change (%): 11.54%
52-Week Range: 31.83 - 438.28
Dividend Yield: 0.364
Revenue (ttm): 236.58B
EPS (ttm): 0.2
P/E Ratio: 0.17
More about New York Times Company
New York Times Company Stock Analysis New York Times Company Stock Analysis Summary
The New York Times Company provides news and information for readers and viewers on various platforms worldwide. The company is headquartered in New York, New York.
Industry: Manufacturing, Newspapers: Publishing or Publishing & Printing
Market Cap: $7.55 billion
Current Price: $32.08
Price Change: $0.44 ( 1.44%)
PE Ratio: 14.56
EPS: $0.0969
Volume: 2,399,152,000
52-Week High: $46.43
52-Week Low: $0.564
Dividend Yield: 0.015
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