Anthropic reached a settlement with authors in a high-stakes copyright class action that threatened the AI company with potentially billions of dollars in damages. From a report: In a Tuesday filing in the US Court of Appeals for the Ninth Circuit, both sides asked the court to pause all proceedings while they finalize the deal. The parties signed a binding term sheet on Aug. 25 outlining the core terms of a proposed class settlement to resolve litigation brought by authors. "This historic settlement will benefit all class members," said the authors' counsel, Justin Nelson of Susman Godfrey LLP. "We look forward to announcing details of the settlement in the coming weeks." The case is one of several copyright actions brought against AI developers in courts around the country. Judge William Alsup of the US District Court for the Northern District of California had allowed the class action to proceed for authors whose books were contained in two pirate databases Anthropic downloaded.Read more of this story at Slashdot.