AI's Legal Challenge - Jury to Unravel Thomson Reuters and Ross Intelligence Dispute
Portfolio Pulse from Anusuya Lahiri
Thomson Reuters Corp (NYSE:TRI) is set to face Ross Intelligence in court over allegations of unlawfully copying content from its legal research platform, Westlaw, to develop a competing AI-based platform. The case could potentially lead to one of the first trials concerning the unauthorized use of data for training AI systems. Tech giants like Meta Platforms Inc (NASDAQ: META) and Microsoft Corp (NASDAQ:MSFT)-backed OpenAI are under scrutiny for similar reasons.
September 27, 2023 | 1:06 pm
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NEGATIVE IMPACT
Meta Platforms Inc is under scrutiny for similar reasons as Thomson Reuters Corp, facing legal challenges from authors and artists who claim their copyrighted works have been used without permission to train AI software.
The legal challenges faced by Meta Platforms Inc could potentially harm the company's reputation and financials, especially if the court rules against them. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Microsoft Corp-backed OpenAI is under scrutiny for similar reasons as Thomson Reuters Corp, facing legal challenges from authors and artists who claim their copyrighted works have been used without permission to train AI software.
The legal challenges faced by Microsoft Corp-backed OpenAI could potentially harm the company's reputation and financials, especially if the court rules against them. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Thomson Reuters Corp is involved in a legal dispute with Ross Intelligence over allegations of unlawfully copying content from its legal research platform, Westlaw. The outcome of the case could potentially impact the company's reputation and financials.
The ongoing legal dispute could potentially harm Thomson Reuters' reputation and financials, especially if the court rules in favor of Ross Intelligence. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100