News

July 17, 2024

AI legaltech on fire as Leya raises $25m

Another AI legaltech startup raises as the field becomes increasingly crowded

Tim Smith

2 min read

If there’s one area of the GenAI market that isn’t struggling for momentum, it’s legaltech. Large language models (LLMs) are, as the name suggests, best suited to take on tasks involving large quantities of language and text — and commercial lawyers are jumping on the opportunities to get some assistance.

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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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