NYT spent $20 million for its 1 lawsuit v. OpenAI. How much has OpenAI spent defending v. 22 suits in U.S. plus 8 foreign suits? New York Times A.G. Sulzberger said the newspaper has spent $20 million on its single copyright lawsuit against OpenAI, a case nearing summary judgment. OpenAI has likely spent $175 million to $200 million or more defending against 22 U.S. lawsuits and another $50 million or more for 8 foreign suits, according to estimates based on the number of lawyers and firms involved. A.G. Sulzberger said the New York Times has spent $20 million on its 1 copyright lawsuit against OpenAI, a case nearing the summary judgment stage. Unclear the exact breakdown on costs for that $20 million. How much has OpenAI spent to defend v. 22 suits in US and 8 foreign suits around world? For this high-stakes lawsuit, $20 million is a relatively low figure, in fact. The New York Times has a $12.16 billion market cap with an estimated The New York Times has alleged infringement of more than 10 million news articles. Although compilations of news articles for the same edition would be treated as 1 work for the purpose of statutory damages, the New York Times stands to receive a large statutory damages award if they prevail at trial — $594.52 in cash reserves https://www.tradingkey.com/markets/stocks/nyt/balance-sheet . perhaps even 7,500x the amount they have spent. By comparison, the Bartz class counsel was just awarded for the work it did in litigating the case to a settlement with Anthropic: $101 million for attorneys’ fees, $2.6 million for expenses, and an $18.2 million reserve for anticipated expense . By contrast, OpenAI in defending itself may have already spent $175 million to $200 million or more in defending itself against the 22 lawsuits in the United States and maybe another $50 million or more in the 8 other suits around the world. These are just guesstimates based on the number of lawyers and law firms it has enlisted in the MDL litigation and the number of lawsuits it faces. But it’s probably within the ballpark.