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Weighing the Risks and Rewards of Generative AI for Legal Departments

Generative artificial intelligence (AI) platforms are already reshaping work life for many professionals, including those in the legal industry. On Day 3 of IPWatchdog LIVE 2023, a panel discussion explored ways that in-house legal teams can advance their company’s use of generative AI.
United States Karmanya Singh Sareen Josh Hawley Ray Chohan Kathi Vidal Allison Gaul

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SoftBank mints new unicorn by backing analytics firm PatSnap

(March 17): Singapore’s PatSnap Pte reached a valuation topping US$1 billion with a fresh funding round, with SoftBank Vision Fund II and Tencent Investment among those backing the provider of patent analytics. CPE Industrial Fund and existing investors Sequoia China, Shunwei Capital and Vertex Ventures joined the US$300 million Series E round, the software company said in a statement. PatSnap will use the funds for product development and expanding its sales presence. PatSnap is benefiting f...
United States National University Of Singapore Singapore General Guan Dian City Of United Kingdom

Singapore start-up PatSnap turns unicorn with backing from SoftBank, Tencent

SINGAPORE (BLOOMBERG) - Singapore-founded PatSnap reached a valuation topping US$1 billion (S$1.35 billion) in a fresh funding round, with SoftBank Vision Fund 2 and Tencent Investment among those backing the provider of patent analytics. CPE Industrial Fund and existing investors Sequoia China, Shunwei Capital and Vertex Ventures joined the US$300 million Series E round, the software company said in a statement. PatSnap will use the funds for product development and expanding its sales presenc...
United States National University Of Singapore Singapore General Guan Dian City Of United Kingdom

SoftBank leads $300m funding round into British AI patent firm

SoftBank leads $300m funding round into British AI patent firm UK-based PatSnap has seen a boom in interest from businesses in China in recent years 16 March 2021 • 10:00pm SoftBank and Tencent have led a $300m (£215m) funding round into a London-headquartered business that uses artificial intelligence (AI) to run a global R&D database. PatSnap, which was founded in 2007 and is based out of the UK and Singapore, uses AI and machine learning to give customers information on patents and other ...
United Kingdom Ray Chohan Eric Chen Lei Jun Epic Games Industrial Fund

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