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The reported cost of Getty Images’ Stability AI lawsuit
A post calls the lawsuit frivolous and claims Getty spent about $20 million on it, then had to pay $6 million in costs to Stability AI.
TLDR
The post claims Getty Images spent about $20 million on its lawsuit against Stability AI and had to pay Stability $6 million in costs. It also argues Getty could still be a solid $1 billion-a-year business were it not for $2 billion in debt from a leveraged buyout.
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