ChatGPT Maker OpenAI In Hot Water With FTC And High-Profile Lawsuit
Portfolio Pulse from AJ Fabino
OpenAI, the maker of ChatGPT, is under investigation by the Federal Trade Commission (FTC) for potential consumer protection law violations. The FTC is probing whether OpenAI engaged in unfair or deceptive practices. Additionally, a lawsuit has been filed by comedian Sarah Silverman and authors Christopher Golden and Richard Kadrey, claiming that ChatGPT and Meta Platform Inc's Large Language Model (LLaMA) infringed their copyright rights by using data from 'shadow library' sites.

July 13, 2023 | 4:06 pm
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Meta Platforms Inc. is implicated in a lawsuit claiming that its Large Language Model (LLaMA) infringed copyright rights by using data from 'shadow library' sites. This legal challenge could potentially harm the company's reputation and financial standing.
The lawsuit alleges that Meta Platforms Inc.'s LLaMA was trained on data from 'shadow library' sites, infringing copyright rights. If the lawsuit is successful, it could result in financial penalties for the company and damage its reputation, potentially leading to a decrease in its stock price.
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