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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

The company developed what was the first of a now-common class of products that use machine learning for contract review and analysis. Litera said it will incorporate Kira’s machine learning workflows into its Litera Transact transaction management platform. Waisberg will serve as a strategic advisor to Litera.

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ChatGPT and the legal industry… according to ChatGPT

CEE Legal Tech

I was created by OpenAI and my knowledge cutoff was on 2021, so you can consider me as a model that was trained on that year. Another is by using natural language processing to analyze legal documents and extract relevant information, which can be useful for contract review and due diligence. How can I help you today?

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Kira, Litera’s Contract Review Software, Gets ‘Smart Summaries’ Feature Driven By Generative AI

Legal Tech Monitor

When it was founded in 2000, Kira pioneered the use of artificial intelligence and machine learning for contract review and analysis. Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews.

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Kira, Litera’s Contract Review Software, Gets ‘Smart Summaries’ Feature Driven By Generative AI

LawSites

When it was founded in 2000, Kira pioneered the use of artificial intelligence and machine learning for contract review and analysis. Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews.

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Managing Cybersecurity Risks Arising from AI – New Guidance from the NYDFS

Debevoise Data Blog

Third-Party Service Provider and Vendor Management The NYDFS “strongly” recommends that due diligence of third-party service providers should include diligence on the AI-related risks they pose to themselves and to the covered entities.

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Three Takeaways from the IOSCO Report to Securities Regulators on Artificial Intelligence

Debevoise Data Blog

The Report is the culmination of IOSCO’s multiyear effort engaging with market intermediaries and asset managers to identify real-life artificial intelligence (“AI) and machine learning (“ML”) use cases and their associated risks, and incorporates the feedback IOSCO received on its June 2020 Consultation Report.

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What’s new in OpenText eDiscovery

OpenText

OpenText provides Axcelerate Cloud users with the opportunity to leverage Generative AI for case and concept label summarization Building on a long tradition of incorporating AI and machine learning to speed document review OpenText is thrilled to introduce the next generation of AI-enhanced productivity - Aviator for Axcelerate.