Rupert Murdoch's Dow Jones, New York Post Sue Jeff Bezos-Backed Perplexity For Copyright Infringement, Accuse AI Firm Of 'Massive Freeriding'
Portfolio Pulse from Ananya Gairola
Rupert Murdoch's Dow Jones and the New York Post have sued Jeff Bezos-backed AI firm Perplexity for copyright infringement, alleging unauthorized use of their content. The lawsuit claims Perplexity's business model involves using copyrighted material to train its AI, redirecting traffic, and depriving the publishers of revenue.
October 22, 2024 | 2:03 am
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News Corp's Dow Jones and New York Post have filed a lawsuit against AI firm Perplexity for copyright infringement, accusing it of using their content without authorization. This legal action could impact News Corp's stock by highlighting its efforts to protect intellectual property and revenue.
The lawsuit indicates News Corp's proactive stance in protecting its intellectual property, which could be seen positively by investors. The legal action may deter similar infringements, potentially safeguarding future revenue.
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