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AI: How Lawyers Are Using It And The Challenges Ahead

CoCounsel Loses Some Early Adopters As Competition Grows

By Steven Lerner

CoCounsel has lost some of its earliest adopters while still welcoming new customers, spotlighting the ups and downs that legal artificial intelligence giants face as the market favors experimentation.

Aviva To Launch AI Tool For Life Insurance Applications

By Joel Poultney

Aviva said Tuesday it will launch what it called an industry-first artificial intelligence tool designed to speed up the underwriting process in life insurance applications.

DOJ Defends HPE Merger Deal As 'Prudent Compromise'

By Bryan Koenig

The Justice Department told a California federal judge to pay no heed to the "politicians and advocacy groups" opposing the controversial settlement clearing Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks, arguing their concerns about improper lobbying influence are outside the scope of the court's review.

SEC To Review Compliance With New Data Breach Rule

By Jessica Corso

The U.S. Securities and Exchange Commission announced Monday it will begin examining broker-dealers and investment advisers for compliance with a new rule requiring them to report data breaches to their customers.

AI Use Has Spiked In Tax Agencies Globally, OECD Says

By Natalie Olivo

The use of artificial intelligence has skyrocketed in tax administrations around the world, leading to increased efficiency but also increased risks of data quality issues, according to an Organization for Economic Cooperation and Development report released Monday.

EDF, OpCore Plan $4.6B Data Center To Boost AI In France

By Charlie Innis

French government-owned energy giant EDF and OpCore — a joint venture between telecommunications company Iliad Group and private equity shop InfraVia Capital Partners — plan to redevelop a former power plant in the Paris metropolitan area into a €4 billion ($4.6 billion) data center, they said Monday.

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