Live At AWS re:Invent, CEO Adam Selipsky Says It Will Indemnify Customers Against Claims Its AI Models Violate Copyrights
Portfolio Pulse from Benzinga Newsdesk
At AWS re:Invent, CEO Adam Selipsky announced that AWS will indemnify customers against copyright infringement claims related to its AI models. This move aims to protect customers using AWS's AI services and encourage more businesses to adopt AI without fear of legal repercussions.
November 28, 2023 | 5:01 pm
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Amazon's AWS division is offering indemnification to customers using its AI models against copyright infringement claims, potentially increasing customer trust and AI service adoption.
The announcement by AWS's CEO Adam Selipsky could lead to increased trust and usage of Amazon's AI services, as it reduces the legal risks for customers. This indemnification could make AWS's AI offerings more attractive compared to competitors, potentially leading to an increase in customer base and revenue from AI services. The positive impact on Amazon's stock could be moderate to high in the short term as the market reacts to this customer-centric move.
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