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Harvey reaches $11bn valuation with $200m new funding round
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Harvey today (25 May) announced $200 million in new funding co-led by returning investors GIC and Sequoia. The round values Harvey at $11 billion and includes participation from existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins. Harvey says that the investment will be used to expand the agents customers…
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The March Orange Rag Is Here!
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If there is one theme I’ve noticed in this month’s Orange Rag and in my many conversations beyond, it is this: legal technology has moved past the “what can it do?” phase and into the far more uncomfortable territory of “what does this change about us?” Across law firms, in‑house teams and vendors, the…
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Newcode to hire 30 people as it establishes presence in Dublin
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The new jobs are part of Newcode’s international expansion, following a seed funding round of more than €5m. Read more: Newcode to hire 30 people as it establishes presence in Dublin
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Dentons deploys Lexis Everyfile within its UK Legal Delivery Centre
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Following a phased rollout, global law firm Dentons has embedded LexisNexis‘ web-based matter management application Lexis Everyfile at the core of its UK Legal Delivery Centre (LDC). The LDC provides process‑driven support across a broad range of legal and administrative work, enabling Dentons’ UK practice groups to focus on higher‑value matters. “Everyfile has quickly…
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Amazon acquires humanoid robot start-up Fauna Robotics
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Fauna has built Sprout, a humanoid robot designed as a testing platform for robotics researchers and developers. Read more: Amazon acquires humanoid robot start-up Fauna Robotics
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Meta ordered to pay $375m after losing child safety lawsuit
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Meanwhile, a Los Angeles jury is deliberating a social media addiction lawsuit against Meta and Google. Read more: Meta ordered to pay $375m after losing child safety lawsuit
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Epic Games to layoff 1,000 employees as Fortnite engagement drops
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The organisation explained that a number of internal and external factors have impacted working life and profits at Epic. Read more: Epic Games to layoff 1,000 employees as Fortnite engagement drops
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OpenAI shutters controversial AI video generator Sora
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Reports suggest Disney’s $1bn equity investment into OpenAI will not progress. Read more: OpenAI shutters controversial AI video generator Sora
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Version 1 opens new Dublin HQ, adds 250 local jobs
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Version 1 says it has chosen its new Dublin HQ for its ‘state-of-the-art AI studio’ and will add 250 roles locally. Read more: Version 1 opens new Dublin HQ, adds 250 local jobs
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Policy as code: Embedding compliance in AI adoption
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Kyndryl’s Ismail Amla discusses the company’s new policy as code process, and how it can help address AI issues such as agentic drift. Read more: Policy as code: Embedding compliance in AI adoption