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AI Legal News

The cases, policies and practice changes influencing how attorneys, in-house teams and agencies approach AI

Crosby Raises $60M Series B To Expand Hybrid AI Law Practice

By Matt Perez

Crosby, a hybrid AI law firm that combines technology with lawyers in reviewing contracts, has announced the raising of a $60 million Series B funding round as it aims to expand its platform.

Perplexity AI Hands User Info To Google And Meta, Suit Says

By Gina Kim

Perplexity shares users of its AI machine's most personal questions and conversational dialogues — which could include mental and physical health issues and legal advice — with Meta and Google, which exploit the information for profit and targeted advertising purposes, alleges a proposed class action filed Monday in California federal court. 

BoE Hands Plan For Safe AI Regulation In 2026 To Chancellor

By Alex Davidson

The Bank of England set out in a letter to the chancellor on Wednesday the details of a regulatory program to facilitate safe innovation in the artificial intelligence industry.

BoE Finds More Finance Firms Challenged By AI

By Alex Davidson

The Bank of England reported Wednesday a significant rise in industry views that artificial intelligence is the most challenging risk to manage and the most likely to happen as it published its latest survey on protecting the stability of the financial system.

FCA's Palantir Tie-Up May Foreshadow Wider AI Uptake

By Christopher Crosby

The Financial Conduct Authority's decision to open its doors to Palantir could write the script for other agencies to follow as law enforcement and regulators embrace artificial intelligence technology to do more with less, lawyers say.

Intel Paying $14.2B To Buy Apollo's Stake In Irish Chip Plant

By Al Barbarino

Intel Corp. said Wednesday that it has agreed to pay $14.2 billion to repurchase from Apollo a 49% equity interest in the companies' joint venture at the Fab 34 chip manufacturing plant in Ireland, in a deal steered by three law firms. 

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