Microsoft Hit with New Lawsuit Over AI Training Data
Microsoft (MSFT) is facing another lawsuit over its use of copyrighted material in AI training data for generative models.
The lawsuit adds to ongoing legal actions targeting firms' data practices relevant to traders.
In other news, Microsoft raised its quarterly dividend by 8% to $0.98, which annualizes at $3.92 and yields around 0.78-0.79%.
Microsoft shareholders can expect the payment on December 10 for those holding shares as of November 19.
The company's CEO, Satya Nadella, recently warned about the potential risks of AI agents posing insider threats and emphasized the need for rigorous testing and third-party validation.