Caveat creator: GenAI giants’ pledges won’t pre-empt copyright suits

Tech vendors offer indemnities on generative output, but end-users need to check the fine print, warn IP lawyers

One year after Wall Street banned the use of generative artificial intelligence (GenAI) bots, the prevailing defensive stance towards the technology has shifted to one of active exploration.

Even banks – known for their conservatism and risk aversion – are now racing to experiment with hundreds of use cases. Some are already opening up access to GenAI’s possibilities to large numbers of employees.

But in the midst of this boom, one question has become a persistently worrisome part of the

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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