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GRIP Extra: SEC to cut enforcement staff by 17%, Wells Fargo freed from asset cap

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GRIP Montage: Getty Images

GRIP

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Our in-brief roundup also includes Bristol Myers Squibb and BioNTech in a drug partnership, Reddit suing Anthropic for using its data, and BlackRock being removed from Texas blacklist.

United States

AI

Reddit has filed a lawsuit (subscription) against AI startup Anthropic for using its online discussion data without permission. Battle lines are increasingly being drawn between content owners and AI operators who use content to train their models.

Crypto

ETF issuers urged the SEC to return to “first-to-file”

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