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How To Manage The Hallucination Problem Of Legal AI

The problem is not only that AI doesn’t know the answer; it’s the confidence of its answer. ....

Denmark , New-york , United-states , Copenhagen , Køavn , Kenya , Danish , Ezra-klein , Bar-association , Forbes-technology-council , New-york-times , Gradient-ventures

Are AI Chatbots Dead?

At any given moment in history, we’re living through the unexpected downfall of some exciting new technology that paves the way for something greater. ....

Copenhagen , Køavn , Denmark , Netflix , Ai-technology , Forbes-technology-council , Gradient-ventures , Bessemer-venter-partners , Watching-lord , Italo-disco , Technology-council

AI And The Future Of Contracts

We must make sure that this new technological leap levels the playing field and simplifies legal work for those of us that haven t passed a bar exam. ....

Copenhagen , Køavn , Denmark , Google , Forbes-technology-council , Netflix , Gradient-ventures , Bessemer-venter-partners , Technology-council , Niels-martin-brochner ,

Denmark's Contractbook Doc Automation Platform Bags $30m – Artificial Lawyer


Contractbook, the Danish contract automation platform, which also has a strong CLM-aspect to it, has raised a $30m Series B funding round led by Tiger Global. It comes just four months after the company’s $9.3m A round. Now, the plan is to ‘capture the American market and lead a new revolt against the PDF’ the company said.
Existing investors Bessemer Venture Partners, byFounders and Gradient Ventures, also took part. Founded in 2017, Contractbook has tripled revenue year on year and has secured $43.6m in total funding to date……which is very impressive.  
A spokesman told this site: ‘We have a platform that covers the entire lifecycle of a contract. And then we can automate every single step along the way. We also have a contract automation tool (in the traditional sense of a tool that enables auto-generation of contracts) which is mainly sold to law firms. However, we are planning to incorporate that in our main platform within the next coming months.’ (See ....

United-states , Denmark , American , Danish , John-curtius , Niels-martin-brochner , Bessemer-venture-partners , Gradient-ventures , Artificial-lawyer , ஒன்றுபட்டது-மாநிலங்களில் , டென்மார்க்