"According to the "Unopposed Motion for Preliminary Approval of Class Settlement" filed with the U.S. District Court for the Northern District of California on Friday, Anthropic will pay the plaintiffs, Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson, and MJ & KJ, Inc. and the Class "at least $1.5 billion dollars, plus interest," amounting to about $3,000 per 500,000 works in the Class. Furthermore, Anthropic will destroy the pirated datasets and will receive a "past release only" for conduct up to August 25, 2025."
"The filing further notes that $1.5 billion plus interest is the minimum Anthropic will pay. "[T]he parties are still working to finalize the full Works List," the plaintiffs explain. "If the Works List ultimately exceeds 500,000 works, then Anthropic will pay an additional $3,000 per work that Anthropic adds to the Works List above 500,000 works." The per-work amount of $3,000 is "four times the minimum statutory damages amount and fifteen times the minimum statutory damages amount for innocent infringement," said the filing."
Anthropic will pay the plaintiffs at least $1.5 billion plus interest, equating to roughly $3,000 per 500,000 works in the class. Anthropic will destroy the pirated datasets and obtain a past release limited to conduct through August 25, 2025. The $1.5 billion figure is a minimum; if the finalized Works List exceeds 500,000 works, Anthropic must pay an additional $3,000 for each extra work. The filing states that the $3,000 per-work payment equals four times the minimum statutory damages and fifteen times the innocent-infringement minimum. The settlement still requires court approval.
Read at IPWatchdog.com | Patents & Intellectual Property Law
Unable to calculate read time
Collection
[
|
...
]