The big risk behind the AI investment boom

(Axios) Venture capitalists are pouring huge money into AI startups, with a dollar weighting toward those building foundational models.

Why it matters: The VC market may be making its biggest binary bet ever, without quite realizing it.

Behind the scenes: Many of those models are being built, in part, on data that is under U.S. copyright protection. Several of the copyright holders, including major music companies, have filed suit.

Read more here.

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