India's AI Law Centre Launch, Marveri's $3.2M Raise, & AI eFiling Revolution

Hi there,

Welcome to this week's edition of Legal AI Weekly, where we delve into the latest advancements and investments in the intersection of artificial intelligence and the legal sector. This week, we highlight the launch of India's first AI, Law & Regulation Centre at O.P. Jindal Global University, which aims to tackle the legal and policy challenges posed by AI technologies. Additionally, Marveri, a legal AI startup, has successfully raised $3.2 million to enhance corporate due diligence processes, promising to significantly cut down document review times.

In other news, InfoTrack has introduced an AI-powered eFiling platform designed to streamline court filing processes for U.S. law firms, while Vertex has invested $15 million in Kintsugi, a startup focused on automating sales tax compliance. Furthermore, a federal judicial panel in the U.S. is moving forward with a proposal to regulate AI-generated evidence in court, ensuring it meets the same reliability standards as expert testimony. Stay tuned as we explore these developments and more in this edition.

India's First AI, Law & Regulation Centre Launched

The Cyril Shroff Centre for AI, Law & Regulation has been established at O.P. Jindal Global University, focusing on AI's legal and ethical challenges. Read more

Marveri Raises $3.2 Million for AI in Due Diligence

Legal AI startup Marveri has secured $3.2 million in funding to improve corporate due diligence processes by significantly reducing document review times. Read more

InfoTrack Launches AI-Powered eFiling Platform

InfoTrack has launched InfoTrack Intelligence, an AI-powered court filing solution for U.S. law firms, aiming to reduce filing time and improve accuracy by automating data extraction from legal documents. Read more

Vertex Invests $15 Million in AI Startup Kintsugi

Vertex has invested $15 million in Kintsugi, a startup that automates sales tax compliance for small and mid-size businesses using AI technology. Read more

Dioptra and LawVu Partner for AI Contract Review

Dioptra, an AI-powered contract review platform, has partnered with LawVu, a cloud-based legal workspace, to enhance in-house legal workflows by integrating AI-generated redlining. Read more

U.S. Judicial Panel Proposes AI Evidence Regulation

A federal judicial panel in Washington, D.C. has voted to advance a proposal regulating AI-generated evidence in court, ensuring it meets reliability standards similar to expert testimony. Read more

Legora Seeks $85 Million Funding at $675 Million Valuation

Legal AI startup Legora is in discussions to secure $85 million in funding, targeting a valuation of $675 million. The company offers AI tools for legal professionals to automate tasks and has expanded its reach to New York City. Read more

Agree.com Secures $7.2M to Challenge Docusign and Bill.com

Agree.com has raised $7.2 million in seed funding to advance its AI-driven e-signature platform, aiming to compete with Docusign and Bill.com by integrating invoicing and payment processing. Read more

MaxVal Integrates Relecura AI into Symphony

MaxVal Group, Inc. has integrated Relecura's AI tools into its Symphony platform, enhancing patent research and classification capabilities. Read more

SRA Approves First AI-Only Law Firm Garfield.law

The Solicitors Regulation Authority has approved Garfield.law, marking it as the first law firm to operate exclusively with an AI-powered litigation assistant. The firm aims to assist businesses with debt recovery and plans to expand its services. Read more

India's AI Law Centre Launch, Marveri's $3.2M Raise, & AI eFiling Revolution - Legal AI Weekly #6

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