The two US-based AI start-ups have traditional business insurance coverage in place, but insurance professionals said AI model providers will struggle to secure protection for the full scale of damages they may need to pay out in future.
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Insurers balk at multibillion-dollar claims faced by OpenAI and Anthropic
Two people with knowledge of the matter said OpenAI has considered “self insurance”, or putting aside investor funding in order to expand its coverage. The company has raised nearly $60bn...
