In First for Contracts AI, Kira Creates Algorithm to Protect ‘Inferential’ Confidentiality of Training Data

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In what it says is a first for artificial intelligence contract-analysis platforms in the legal industry, Kira has developed a differential privacy algorithm that protects the confidentiality of text in model training data when a user shares a machine-learning model with other firms or organizations.

The differential privacy algorithm prevents an attacker from potentially…

Onit Adds to Its Enterprise Workflow Offerings with Acquisition of AI Company McCarthyFinch

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Onit, the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired the New Zealand company McCarthyFinch, a provider of a suite of AI-driven contract management software designed to help automate contract reviews and approvals, and is unveiling two new AI products that incorporate the McCarthyFinch technology.

McCarthyFinch…