Articles Tagged "AI Industry"

VideoVerse's $250M Exit Collapsed Into Fraud Suits

VideoVerse's $250M Exit Collapsed Into Fraud Suits

Minute Media's purchase of AI video startup VideoVerse fell apart after the deal closed, and three separate Delaware lawsuits now accuse founder Vinayak Shrivastav of forging signatures to extract tens of millions.

Midjourney Asks Court to Expose Studio AI Practices

Midjourney Asks Court to Expose Studio AI Practices

Midjourney has asked a federal judge to compel Disney, Universal, and Warner Bros. to disclose their own AI training practices - using the studios' conduct as a fair-use and unclean-hands defense in a high-stakes copyright case.