Story Protocol Developer Raises $80M Series B, Led by A16z, for Blockchain IP

AI companies have been grabbing a lot of the web’s creative content to train their large language models (LLMs), leading to lawsuits between creatives and tech giants like OpenAI. The New York Times is fighting OpenAI over alleged copyright infringement, and YouTubers are doing the same with Nvidia (NVDA), which allegedly enriched itself unfairly by building a video model from copied content. Meanwhile, News Corp, owner of the Wall Street Journal, has struck a deal with OpenAI to license its content for LLM training, worth over $250 million.