meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

AI Legal Battle: The New York Times suing Microsoft, OpenAI 12/27/23

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 27 December 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

As the AI surge continues, legal battles are starting to unfold. The New York Times suing Microsoft and OpenAI over copyrighted material. So what’s at stake in this battle of content? And who’s poised to come out on top in the AI race. Plus… weight loss drugs helped pack on the gains for some pharma stocks, but can this trade keep up the hype in 2024? Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Morgan, thank you very much live from the NASDAQ market site in the heart of New York City's Times Square, getting ready for New Year's.

0:08.0

This is fast money and here's what's on tap.

0:11.0

Stocks on the doorstep of new highs, the S&P now less than half a percent from

0:16.8

record levels and up more than 11 percent since just November.

0:20.8

Is this fourth quarter rally stealing potential gains from the new year?

0:25.4

We will debate that on plus the Bitcoin Boom. Yeah, you heard me right, booming again, surging

0:30.8

more than 160% this year and lifting the fortunes of the whole

0:34.9

crypto universe. Looking into 2024, would you rather, Bitcoin or the

0:40.5

crypto stocks. Steve Grassover will opine on that among other things and later the obesity bulge

0:46.5

are the super-sized returns this year going to get slim down in 2024

0:52.1

no matter how massive the GLP1 market gets. We will go inside the

0:57.0

numbers. I'm Tyler Matheson everyone in for Melissa Lee tonight so glad you could

1:01.3

join us coming to you live from Studio B upstairs at the

1:04.6

Nasdaq on the desk tonight Steve Grasso Courtney Garcia Mike Coe is

1:09.4

remote and guest trader Stuart Kaiser cities city's head of equity trading strategy.

1:14.3

Welcome one and all.

1:15.3

Glad to have you with us.

1:16.3

But we start with a major legal fight over the explosion of AI and just how all that data being collected by engines like

1:25.4

chat gb t and barred are being scrapped or rather I should say scraped from the web one major news organization is crying

1:34.9

foul and it could have major implications for AI as we head into the new year

1:39.9

C. NBC's Steve Kobak, reports.

1:44.0

Hey there, Tyler, yeah, the New York Times sued Open AI and Microsoft today, alleging the pair

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.