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Policy backing for fair use in AI training could reduce regulatory risk and support higher multiples for AI-related names; historically, clear policy signals (e.g., favorable regulatory developments) tend to lift tech AI cohorts, though outcomes depend on case resolution and broader tech cycles.
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The Trump administration backs OpenAI in its legal fight with the New York Times, arguing that training AI models on copyrighted content is generally fair use and crucial for U.S. tech leadership and national security. While the direct impact on P-OPEA is uncertain, the policy stance could bolster AI equity sentiment and shape regulatory expectations, potentially supporting AI-related multiples over the coming quarters.
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