Ontra is the global leader in AI legal tech for private markets. Powered by industry-leading AI, data from 1M+ contracts, and a global network of legal professionals, Ontra's private markets technology platform streamlines and optimizes critical legal and compliance workflows across the full fund lifecycle. Ontra’s purpose-built solutions automate contracts, streamline obligation management, digitize entity management, and surface insights.
SpeedLegal is an AI contract negotiator that helps startups save $1k/contract ~$140k+/year when reviewing contracts using AI. Business people using SpeedLegal easily spot contract risks, negotiate better terms, save 75% of their time & boost deal closures 3X.
Definely is a leading provider of LegalTech solutions for drafting, reviewing, and understanding legal documents.
Luminance is the pioneer in Legal-Grade™ AI, wherever computer meets contract. Using a Mixture of Experts approach - known as the “Panel of Judges” - Luminance brings specialist AI to every touchpoint a business has with its contracts, from generation to negotiation and post-execution analysis. Developed by AI experts from the University of Cambridge, Luminance's technology is trusted by 700+ customers in 70+ countries, from AMD and the LG Group to Hitachi, BBC Studios and Staples.
Spellbook is an AI-powered contract drafting and review tool designed for legal professionals. Integrated directly into Microsoft Word, it leverages advanced language models, such as OpenAI's GPT-4, to assist lawyers in drafting, reviewing, and managing contracts more efficiently. Key features include generating new clauses based on context, detecting aggressive terms, and suggesting missing clauses to enhance contract quality.
Built on App Orchid's state of the art AI platform, ContractAI is an AI-powered SaaS-based Advanced CLM solution that automates and streamlines the analysis, creation and negotiation of contracts. ContractAI utilizes AI to automatically ingest and analyze historical contracts to author templates based on terms that were proven win-win. ContractAI eliminates the painful redlining process by giving suppliers vetted clause options.
The new GenAI Profile reflects NIST's recommendations for implementing the risk management principles of the AI RMF specifically with respect to generative AI. This guidance is intended to assist organizations with implementing comprehensive risk management techniques for specific known risks that are unique to or exacerbated by the deployment and use of generative AI applications and systems.
Image-generating technology is accelerating quickly, making it much more likely that you will be seeing "digital replicas" (sometimes referred to as "deepfakes") of celebrities and non-celebrities alike across film, television, documentaries, marketing, advertising, and election materials. Meanwhile, legislators are advocating for protections against the exploitation of name, image, and likeness while attempting to balance the First Amendment rights creatives enjoy.
Aescape offers AI-powered robotic massages via its “Aertable,” which uses real-time feedback and a body scan system to deliver personalized experiences. With features like “Aerpoints” simulating therapist touch and “Aerwear” enhancing accuracy, Aescape addresses the massage industry’s challenges like inconsistency and therapist shortages. While expanding rapidly, it raises legal issues including liability, privacy, licensing, regulation, and IP concerns.
Large language models rely on vast internet-scraped data, raising legal concerns, especially around intellectual property. Many U.S. lawsuits allege IP violations tied to data scraping. An OECD report, Intellectual Property Issues in AI Trained on Scraped Data, examines these challenges and offers guidance for policymakers on addressing legal and policy concerns in AI training.
The integration of artificial intelligence (AI) tools in healthcare is revolutionizing the industry, bringing efficiencies to the practice of medicine and benefits to patients. However, the negotiation of third-party AI tools requires a nuanced understanding of the tool’s application, implementation, risk and the contractual pressure points.
Parents of two Texas children have sued Character Technologies, claiming its chatbot, Character.AI, exposed their kids (ages 17 and 11) to self-harm, violence, and sexual content. Filed by the Social Media Victims Law Center and Tech Justice Law Project, the suit seeks to shut down the platform until safety issues are addressed. It also names the company’s founders, Google, and Alphabet Inc. as defendants.