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Stock impact report

Google fined $270 million by French regulatory authority [Yahoo! Finance]

ALTERNET SYSTEMS INC (ALYI) 
NASDAQ:AMEX Investor Relations: otc-alyi.com/investor-relations
Company Research Source: Yahoo! Finance
The fine was due to Google's practice of training its AI model Bard on news content without asking permission. As part of a settlement agreement, Google has pledged to not contest the facts of the case. France's competition regulator on Wednesday fined Google GOOG 250 million euros (around $270 million) for noncompliance with earlier rules calling for better, more transparent relationships with media companies. This latest fine is the result of Google's artificial intelligence training practices. The watchdog said in a statement that Google's Bard chatbot — which has since been rebranded as Gemini —"used content from press agencies and publishers to train its foundation model, without notifying either them" or the Authority. Related: Here are all the copyright lawsuits against ChatGPT-maker OpenAI The watchdog added that Google failed to provide a technical opt-out solution for publishers, obstructing their ability to "negotiate remuneration." While the Authority acknowle Show less Read more
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