10 Articles
10 Articles
'Extraordinarily Expensive': Getty Images Is Pouring Millions of Dollars Into One AI Lawsuit, CEO Says
Getty Images CEO Craig Peters says the price of battling AI image generator company Stability AI in court is millions of dollars. Read more about AI, here.
Getty CEO Reveals High Costs of Fighting AI Copyright Battles
Getty CEO discloses the company spent 'millions and millions' on a single AI copyright legal battle, highlighting the exorbitant costs involved in such disputes. This financial burden has forced Getty to be selective in picking its fights against AI-generated content infringement. The revelation underscores the significant financial challenges companies face in defending their intellectual property rights in the age of AI technology. The post Ge…
Getty Images CEO Says Millions Spent Battling AI ‘Rhetoric’ in Court
Getty Images is investing millions to fight what CEO Craig Peters calls a “world of rhetoric” in its legal battle against Stability AI, the UK-based startup behind the text-to-image model Stable Diffusion. Peters told CNBC that Stability AI and other AI labs have used copyright-protected material to train their commercial AI models without permission. He described this as unfair competition and theft disguised as innovation, with AI companies re…
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