law

Noxtua raises $92M for its sovereign AI tuned for the German legal system

Fundraising /

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor […]

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Legal AI-startup Luminance, backed by the late Mike Lynch, raises $75M

Fundraising /

Given Generative AI is very good at interpreting dense texts, it’s been a boon for startups attacking one of the most complex sets of texts there is: the law. We’ve thus seen an explosion of legal tech, supercharged by AI, in the last year or so.  Lawtech startup Eudia bagged $105 million only last week. 

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Judge allows California’s ban on addictive feeds for minors to go into effect

Social /

Late Tuesday evening, a federal judge blocked tech lobbying group NetChoice’s challenge to California’s recently enacted law, SB 976, which prohibits companies from serving “addictive feeds” to minors. Beginning Wednesday, companies will be prohibited from providing an addictive feed to a California-based user they know to be a minor unless one of the minor’s parents

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Many companies won’t say if they’ll comply with California’s AI training transparency law

AI /

On Sunday, California Governor Gavin Newsom signed a bill, AB-2013, requiring companies developing generative AI systems to publish a high-level summary of the data that they used to train their systems. Among other points, the summaries must cover who owns the data and how it was procured or licensed, as well as whether it includes

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U.S. Commerce Department report endorses ‘open’ AI models

Government & Policy /

The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models for potential risks. The report, authored by the Commerce Department’s National Telecommunications and Information Administration (NTIA), finds that open-weight models broaden generative AI’s availability to

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