Posted 1/9/2024, 4:51:30 PM
Google Faces $7 Billion AI Patent Lawsuit, Challenges Ohio Social Media Law
- Alphabet (Google) is facing a patent infringement lawsuit from Singular Computing seeking $7 billion in damages related to AI technologies
- The AI technologies power products like Google Translate, Gmail, and Search
- Google lawyers are also challenging an Ohio law requiring parental consent for minors to use social media
- Google argues the law is unconstitutional and offers families resources to make privacy decisions themselves
- Wall Street analysts rate Alphabet stock as a Strong Buy with an average price target 11.7% above current levels