Investors sue Adobe execs over AI copyright statements
https://courthousenews.com/investors-sue-adobe-execs-over-ai-copyright-statements/
The stockholders say in their complaint that in 2024 and 2025 Adobe officers caused Adobe to make false and misleading statements about its artificial intelligence strategy, characterizing the strategy as a generational opportunity to enhance productivity and creativity through responsible, commercially safe models natively integrated into its software ecosystem,
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Additionally, they say the defendants including former Adobe Chief Executive Officer Shantanu Narayen; Adobe director Christiano Amon, the current president and CEO of Qualcomm Incorporated, a global wireless tech company; Claude Alexandre, Adobes vice president of digital media; and over ten other high-ranking employees at Adobe signed and approved statements that Adobe didnt infringe any copyrighted material as part of training its AI software.
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According to the stockholders, one of Adobes AI training models relied on a dataset that consisted of approximately 196,640 books copied from Bibliotik, an online shadow-library known for distributing copyrighted literary works without authorization from authors, publishers, or other rights holder.
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Adobes officers and directors knowingly allowed the company to build its AI strategy on the unlawful infringement of copyrighted materials, the plaintiffs attorney Frank Bottini said in a statement to Courthouse News. This shareholder derivative suit seeks to hold Adobes top leadership liable for destroying billions of dollars in shareholder value.
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The entire generative AI industry is built on the theft of copyrighted intellectual property.