If it was a non profit that trained the model - would that change your mind?
Being a non-profit is just a tax arrangement, it shouldn't change any of your opinions. What does the tax rate of who does an action have to do with the action being good or bad?
The issue here is ACM focusing on licensing. A non profit would not be able to pay ACM for access. Hence why this policy is hypocritical: it gives more power to the larger players and undermines smaller actors in the field who have fewer resources.