AI industry warns of "financial ruin" over massive copyright lawsuit
Tech industry groups and Anthropic just asked an appeals court to block the largest certified copyright class action in history. The lawsuit over AI training involves up to 7 million author claimants, exposing Anthropic to hundreds of billions in potential damages. Why it matters: If the rushed certification stands, the threat of bankruptcy could force a massive settlement and set a devastating precedent for the entire generative AI industry.