Not really, no. There have been many settlements of lawsuits, which means they are very explicitly not precedents. The LLM companies likely prefer to settle because of the existential risk being found liable for copyright infringement would result in, whereas even an expensive settlement doesn’t upend their entire business model.
Furthermore, I don’t think you can really assume that the courts will rule a certain way on this just because of the money involved; there’s a lot of money involved when it comes to the copyright holders too, and they’ve long enjoyed a rather favorable status with the courts and legislators. (For example, in the days of P2P file sharing lawsuits and attempts to legislate P2P file sharing, the software industry was already many times the size of the media industry, but the media industry consistently won.)
I was referring to this decision:
"To summarize the analysis that now follows, the use of the books at issue to train Claude and its precursors was exceedingly transformative and was a fair use under Section 107 of the Copyright Act. And, the digitization of the books purchased in print form by Anthropic was also a fair use but not for the same reason as applies to the training copies. Instead, it was a fair use because all Anthropic did was replace the print copies it had purchased for its central library with more convenient space-saving and searchable digital copies for its central library — without adding new copies, creating new works, or redistributing existing copies."
https://fingfx.thomsonreuters.com/gfx/legaldocs/jnvwbgqlzpw/...
IANAL and don't know how significant this decision is, but it is, at the very least, how one judge views it.
Personally, I don't think judges will rule a certain way because of the money involved but because it seems clear that training a ML model is highly transformative.