updated-FOX Business Briefs 6/11: a cyber-powered roundup! 🌐
Studios sue AI firm for copyright breach in groundbreaking lawsuit
First off, the heat is on as we await the May CPI report-keep those fingers crossed! Meanwhile, Motor Town's got some gas in the tank with GM's $4 billion investment in U.S. manufacturing, ready to crank out some new rides! 🚗
Now, Hollywood's doing more than popcorn and red carpets. Disney and NBCU have gone after AI image generator Midjourney, filing a lawsuit in the Central District of California court for copyright infringement! 🧤
What the lawsuit calls out? High-profile IP-think Simpsons, Star Wars, and Despicable Me-seemingly ripped off without a glance at copyright laws! It's a major blow to creatives, and Disney's legal honcho Horacio Gutierrez explains why: "Piracy is piracy, even if it's done by an AI company!"
Amidst ongoing discussions about intellectual property rights, the technology sector faces a challenge as Disney and NBCU have filed a lawsuit against Midjourney for alleged copyright infringement, involving high-profile IP such as Simpsons, Star Wars, and Despicable Me, which could potentially impact AI image generators. On the other hand, the United States economy is set to receive a boost with General Motors investing $4 billion in U.S. manufacturing, expanding its presence in the automobile sector and contributing to the economy, while also showcasing the potential of technology and investment in revitalizing traditional industries like automotive manufacturing.
