Clio’s recent announcement to acquire vLex in a $1 billion cash-and-stock transaction marks a significant turning point for the legal technology landscape. This deal, combining a 17-year-old law firm management software leader with a 26-year-old legal data powerhouse, goes beyond a simple business expansion—it lays the foundation for reshaping how legal professionals access and utilize
AI
Procurement has traditionally been viewed as a dull, bureaucratic process plagued by clunky, outdated software. Giants like Coupa and Ariba have long dominated the scene but often at the cost of agility and user satisfaction. Levelpath, a startup founded by seasoned entrepreneurs Stan Garber and Alex Yakubovich, aims to shatter this mold. Their new venture
The idea of AI agents seamlessly stepping into human roles and objectives is an intoxicating vision promised by rapid advancements in machine learning. Yet, the reality — as illustrated by Anthropic’s “Project Vend” — reveals a far more complex and less polished picture. By assigning Claude Sonnet 3.7, an AI language model, to manage a
In the current highly competitive race for artificial intelligence talent, Meta has emerged as one of the major players pulling out all stops. Headlines buzzed with claims that the tech giant was dangling staggering $100 million signing bonuses to poach AI researchers from rivals like OpenAI. While eye-catching, this sensational narrative doesn’t hold much truth
In the dizzying realm of tech finance, few stories encapsulate both promise and peril like that of CoreWeave, a company that has rapidly ascended to billionaire status under the leadership of co-founder and CEO Michael Intrator. With a staggering net worth of approximately $10 billion reported just three months following the company’s IPO, it’s clear
In a recent landmark ruling, a federal judge has declared that Meta’s training of artificial intelligence (AI) models using copyrighted works, including those by high-profile authors such as Sarah Silverman, falls under the “fair use” doctrine. This decision has sent ripples through the tech and literary communities alike, redefining how AI companies can operate in
The conversational AI industry has experienced a meteoric rise since the advent of tools like ChatGPT, which have revolutionized how businesses interact with their clients. Forecasted to burgeon into a $50 billion global market by 2031, per MarketsAndMarkets, there’s no doubt that the demand for sophisticated AI solutions is booming. Companies like Synthflow AI stand
In a noteworthy move for the technological landscape, Andy Konwinski, a renowned computer scientist and co-founder of influential firms like Databricks and Perplexity, has recently announced the establishment of the Laude Institute. With a personal contribution of $100 million, this venture aims to redefine the paradigms of artificial intelligence (AI) research. However, Laude is more
In a significant political maneuver, Republican lawmakers have advanced a proposal designed to cripple state-level artificial intelligence (AI) regulations. This move, championed by Senator Ted Cruz, seeks to prohibit states from enforcing their own standards for a decade, threatening to cut federal broadband funding to those that dare to implement local regulations. This legislative tactic
The recent announcement by OpenAI regarding its substantial $200 million partnership with the U.S. Department of Defense has sent ripples through the tech community. This groundbreaking deal raises pivotal questions about the intricate relationship between OpenAI and its prominent investor, Microsoft. With the competitive landscape shifting rapidly, OpenAI’s new alignment with government interests could catalyze
The year 2024 will be etched in history as a transformative juncture for the artificial intelligence (AI) sector across the United States and globally. A staggering 49 startups secured funding rounds exceeding $100 million, demonstrating an unprecedented interest and belief in AI’s potential. Notably, three startups achieved the remarkable feat of closing more than one
In a landmark decision, New York state lawmakers have taken a decisive step towards ensuring the responsible development of frontier artificial intelligence. On Thursday, the Assembly passed the RAISE Act, a robust piece of legislation aimed at preventing potential AI-related catastrophes that could result in the loss of life or severe economic damages. This bill
At this year’s Worldwide Developers Conference (WWDC 25), Apple presented numerous advancements across its platforms, boasting a fresh aesthetic dubbed “Liquid Glass” alongside an updated naming strategy that seeks to modernize its software ecosystem. However, the tech giant’s much-anticipated revelation regarding an enhanced, AI-driven Siri fell short of expectations. Apple’s Senior Vice President of Software
In the rapidly evolving landscape of artificial intelligence, access dynamics can often dictate the pace and direction of innovation. A recent incident surrounding Anthropic’s AI assistant, Claude, reflects this principle vividly. The decision to cut ties with Windsurf due to potential collaborations with rival OpenAI raises pivotal questions about exclusivity and competition in the tech
In the rapidly evolving world of technology, few organizations embody the spirit of innovation as Meta does with its Reality Labs division. Under the guidance of Meta’s CTO, Andrew “Boz” Bosworth, the company is bracing itself for what he describes as a pivotal year for its augmented and virtual reality pursuits. In his recent proclamations,
In recent years, the landscape of artificial intelligence (AI) investment has taken on intriguing dynamics, particularly in North America, which appears to hold a steadfast grip on venture capital (VC) funding despite a proliferation of barriers. Data from PitchBook reveals a staggering influx of $69.7 billion in AI and machine learning funding for North America