Today Thomson Reuters is announcing a new Generative AI vision. Central to this vision is a new Generative AI Assistant branded as CoCounsel. There was no press conference and no demo to provide context or a Q&A around this announcement. Here is a link to the press release so you can read it for yourself.
California Senate Committee Advances Comprehensive AI Bill
On April 2, the California Senate Judiciary Committee held a hearing on the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act (SB 1047) and favorably reported the bill in a 9-0 vote (with 2 members not voting). The vote marks a major step toward comprehensive artificial intelligence (AI) regulation in a
Certain Provisions in the American Privacy Rights Act of 2024 Could Potentially Affect AI
Earlier this month, lawmakers released a discussion draft of a proposed federal privacy bill, the American Privacy Rights Act of 2024 (the “APRA”). While the draft aims to introduce a comprehensive federal privacy statute for the U.S., it contains some notable provisions that could potentially affect the development and use of artificial intelligence systems. These
Jorn Vanysacker & Jeroen Thierens from Henchman: We Are Building the “Chief of Staff” For Each Legal Professional
In this episode of The Geek in Review podcast, hosts Marlene Gebauer and Greg Lambert welcome Jeroen Thierens, Strategic Account Advisor, and Jorn Vanysacker, co-founder of Henchman, a Belgian legal tech company that focuses on building an intelligent drafting assistant for lawyers working on complex transactional contracts based on precedents in the
ClaimScore, Startup Using AI To Target Fraud In Class Action Claims, Raises $3.15M In Oversubscribed Round
ClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla. Founded in 2022, ClaimScore says it is the only software product dedicated to resolving the problem of claims
CFPB Issues New Report Examining Financial and Privacy Risks to Consumers in Video Gaming Marketplaces: What Now?
On April 4, 2024, the Consumer Financial Protection Bureau (CFPB) issued a new report, titled “Banking in Video Games and Virtual Worlds” (Report), that examines the growth of financial transactions in online video games and virtual worlds. The CFPB has previously signaled the expansion of its monitoring capabilities to new markets, and this Report continues
Thomson Reuters Lays Out Plan To Provide CoCounsel AI Assistant Across Every Professional Vertical It Serves
Thomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its serves in legal, tax, risk and fraud,
Before Rolling Out AI – Check your Data
Rolling out an AI model might turn into much more of an Information Governance exercise than you’ve bargained for. Maybe that’s a good thing, though. Maybe it’s time to get rid of all that junk, not just because of the junk itself but because it’ll make your AI rollout more successful.
The post Before Rolling
Two Launches Today from vLex: A Gen AI Document Analyzer for Litigation and Transactions, and A Co-Development Lab to Help Customers Adapt AI
The global legal research company vLex today announced the launch of Vincent AI Document Analyze, a new tool in its suite of generative AI features that enables legal professionals to analyze litigation and transactional documents and surface legal and factual information that they can use in preparing a response. Also today, vLex said it has
Microsoft’s new ‘AI Watchdog’ can help improve safety and security!
SCMagazine.com reported that “Microsoft has discovered a new method to jailbreak large language model (LLM) artificial intelligence (AI) tools and shared its ongoing efforts to improve LLM safety and security in a blog post Thursday.” The April 15, 2024 article entitled ” Microsoft’s ‘AI Watchdog’ defends against new LLM jailbreak method” (https://tinyurl.com/3px8e7r8) included