News The parties requested that Judge Maxine Chesney pause all case deadlines while they complete the settlement terms.
News Anthropic agreed to pay $3,000 per work to a settlement fund that is expected to cover roughly 500,000 titles.
News Anthropic’s valuation has grown from $61.5 billion following a $3.5 billion funding round in March.
News US District Judge William Alsup ordered the parties to seek preliminary approval of their settlement by September 5.
News Lyric Capital is reportedly leading the talks, with The Weeknd already reaching out to other investors to assemble the financing package of up to $1 billion.
News Anthropic may face a new allegation from music companies: That it not only downloaded, but distributed lyrics without permission
News A judge's rejection of stay request in Anthropic’s book piracy case sets precedent as the company faces a similar lawsuit against record labels.
News During his career, Poston has been credited with early support and signings of high-profile artists such as Ed Sheeran, Avicii, and Cashmere Cat,