Latest news with #Kadrey
Tatler Asia
09-05-2025
- Business
- Tatler Asia
The AI book scraping issue explained
The revelations have sparked widespread outrage among authors and copyright advocates. The Society of Authors called Meta's actions 'appalling', with chief executive Ana Ganley saying: 'Rather than ask permission and pay for these copyright-protected materials, AI companies are knowingly choosing to steal them in the race to dominate the market. This is shocking behaviour by big tech that is currently being enabled by governments who are not intervening to strengthen and uphold current copyright protections. As part of the Creative Rights in AI Coalition, the SoA has been at the heart of the fight and is continuing to lobby against these unlawful and exploitative activities.' Meta's statement In response, Meta filed a motion to dismiss the case, stating: 'At the crux of this case is an issue of extraordinary importance to the future of generative AI development in the United States: whether Meta's use of publicly available datasets to train its open-source large language models constitutes fair use under U.S. copyright law.' The company maintains that training AI with data freely available online falls under fair use—an argument that may have far-reaching consequences for the future of AI development. What happens next? As Kadrey vs. Meta unfolds in the United States, other copyright infringement lawsuits have also been filed against Meta. Meanwhile, some authors are exploring ways to remove their work from pirate libraries like LibGen and Z-Library. With mounting legal pressure and global scrutiny, the outcome of this case could set a precedent for how AI companies source their training data—and whether creators will finally get a say in how their work is used.
Bloomberg
24-03-2025
- Business
- Bloomberg
Stock Movers: Tesla, Meta, General Mills
On this episode of Stock Movers: - Tesla shares are higher in the premarket on Monday as retail investors buy into the stock. As of last week, individual investors have been net buyers of Tesla shares for 13 straight sessions through Thursday, pumping $8 billion into the stock, retail trading data from JPMorgan Chase shows. - Meta shares are up after the company reportedly has been discovered to be profiting from its Llama AI models through revenue-sharing agreements with host businesses. An unredacted court filing sin the copyright lawsuit Kadrey v. Meta showed the company earns a share of the revenue from businesses that host its Llama AI models. - General Mills shares are down as Morgan Stanley analyst Megan Alexander gave GIS an underweight initiation, announcing a price target of $53. - Lockheed Martin shares are lower this morning after Boeing beat out LMT for a contract to design and build the US's next-generation stealth fighter jet. Bank of America analyst Ronald Epstein downgraded LMT to Neutral from Buy with a price target of $485, down from $685, on the news. Melius Research analyst Scott Mikus also downgraded Lockheed Martin to Hold from Buy.
Yahoo
21-03-2025
- Business
- Yahoo
Meta has revenue sharing agreements with Llama AI model hosts, filing reveals
In a blog post last July, Meta CEO Mark Zuckerberg said that "selling access" to Meta's openly available Llama AI models "isn't [Meta's] business model." Yet Meta does make at least some money from Llama through revenue-sharing agreements, according to a newly unredacted court filing. The filing, submitted by attorneys for the plaintiffs in the copyright lawsuit Kadrey v. Meta, in which Meta stands accused of training its Llama models on hundreds of terabytes of pirated ebooks, reveals that Meta "shares a percentage of the revenue" that companies hosting its Llama models generate from users of those models. The filing doesn't indicate which specific hosts pay Meta. But Meta lists a number of Llama host partners in various blog posts, including AWS, Nvidia, Databricks, Groq, Dell, Azure, Google Cloud, and Snowflake. Developers aren't required to use a Llama model through a host partner. The models can be downloaded, fine-tuned, and run on a range of different hardware. But many hosts provide additional services and tooling that makes getting Llama models up and running simpler and easier. Zuckerberg mentioned the possibility of licensing access to Llama models during an earnings call last April, when he also floated monetizing Llama in other ways, like through business messaging services and ads in "AI interactions." But he didn't outline specifics. "[I]f you're someone like Microsoft or Amazon or Google and you're going to basically be reselling these services, that's something that we think we should get some portion of the revenue for," Zuckerberg said. "So those are the deals that we intend to be making, and we've started doing that a little bit." More recently, Zuckerberg asserted that most of the value Meta derives from Llama comes in the form of improvements to the models from the AI research community. Meta uses Llama models to power a number of products across its platforms and properties, including Meta's AI assistant, Meta AI. "I think it's good business for us to do this in an open way," Zuckerberg said during Meta's Q3 2024 earnings call. "[I]t makes our products better rather than if we were just on an island building a model that no one was kind of standardizing around in the industry." The fact that Meta may generate revenue in a rather direct way from Llama is significant because plaintiffs in Kadrey v. Meta claim that Meta not only used pirated works to develop Llama, but facilitated infringement by "seeding," or uploading, these works. Plaintiffs allege that Meta used surreptitious torrenting methods to obtain ebooks for training, and in the process — due to the way torrenting works — shared the ebooks with other torrenters. Meta plans to significantly up its capital expenditures this year, largely thanks to its increasing investments in AI. In January, the company said it would spend $60 billion-$80 billion on CapEx in 2025 — roughly double Meta's CapEx in 2024 — primarily on data centers and growing the company's AI development teams. Likely to offset a portion of the costs, Meta is reportedly considering launching a subscription service for Meta AI that'll add unspecified capabilities to the assistant. Updated 3/21 at 1:54 p.m.: A Meta spokesperson pointed TechCrunch to this earnings call transcript for additional context. We've added a Zuckerberg quote from it — specifically a quote about Meta's intent to revenue share with large hosts of Llama models. Sign in to access your portfolio
Yahoo
08-03-2025
- Business
- Yahoo
Judge allows authors' AI copyright lawsuit against Meta to move forward
A federal judge is allowing an AI-related copyright lawsuit against Meta to move forward, although he dismissed part of the suit. In Kadrey vs. Meta, authors including Richard Kadrey, Sarah Silverman, and Ta-Nehisi Coates have alleged that Meta has violated their intellectual property rights by using their books to train its Llama AI models, and that the company removed the copyright information from their books to hide the alleged infringement. Meta, meanwhile, has claimed that its training qualifies as fair use, and it argued the case should be dismissed because the authors lack standing to sue. In court last month, U.S. District Judge Vince Chhabria seemed to indicate he was against dismissal, but he also criticizing what he saw as 'over-the-top' rhetoric from the authors' legal teams. In Friday's ruling, Chhabria wrote that the allegation of copyright infringement is 'obviously a concrete injury sufficient for standing' and that the authors have also 'adequately alleged that Meta intentionally removed CMI [copyright management information] to conceal copyright infringement.' 'Taken together, these allegations raise a 'reasonable, if not particularly strong inference' that Meta removed CMI to try to prevent Llama from outputting CMI and thus revealing it was trained on copyrighted material,' Chhabria wrote. The judge did, however, dismiss the authors' claims related to the California Comprehensive Computer Data Access and Fraud Act (CDAFA), because they did not 'allege that Meta accessed their computers or servers — only their data (in the form of their books).' The lawsuit has already provided a few glimpses into how Meta approaches copyright, with court filings from the plaintiffs claiming that Mark Zuckerberg gave the Llama team permission to train the models using copyrighted works and that other Meta team members discussed the use of legally questionable content for AI training. The courts are weighing a number of AI copyright lawsuits at the moment, including The New York Times' lawsuit against OpenAI. Sign in to access your portfolio
