OpenAI responds to NYT lawsuit

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Year To Date Performances:

1. OpenAI, the creator of ChatGPT, has responded to a copyright infringement lawsuit filed by The New York Times, which alleges that the company, along with Microsoft, used the newspaper's content in training ChatGPT without permission. The lawsuit, initiated in December, seeks billions in damages. OpenAI defends its training methods as fair use and acknowledges collaboration with news organizations. They are addressing the infrequent issue of content 'regurgitation' in their AI model. This lawsuit is one of several recent legal challenges faced by AI companies. OpenAI previously encountered lawsuits from U.S. authors for using their works in training data, and the AI imagery sector has seen similar legal actions with companies like Stability AI being sued for unauthorized use of images. Additionally, Microsoft, GitHub, and OpenAI are involved in a 2022 class action lawsuit for allegedly using licensed code to train their AI code generators, highlighting the growing number of legal cases surrounding generative AI technology.

2. Boeing is facing further complications as Alaska Air and United Airlines have found additional loose bolts in their grounded Boeing 737 Max 9 planes during inspections. This discovery follows a recent mid-air emergency on an Alaska Airlines flight. The National Transportation Safety Board's Chair has suggested the possibility of expanding the investigation to include more Max 9 models, not just the one involved in the incident. This broader investigation could potentially delay Boeing's plans to return these aircraft to service and avoid an extended grounding period. In response to these issues, Boeing executives are holding a company-wide safety meeting on Tuesday. The "Safety Webcast," led by CEO Dave Calhoun and other senior executives, will be broadcast from Boeing's Renton, Washington factory, where the 737 Max jets are produced.

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4. Headlines

   1. Bitcoin surges following fake tweet about ETF approval.

   2. Blackstone raises $1.3B for its new fund.

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