Artificial Intelligence and Machine Learning
Notable Representations, Key Contacts
Weil’s experience in AI-related issues is deep, long-standing and cross-disciplinary, the result of focused concentration by attorneys working together across the Firm’s offices and practices.
We are helping clients in numerous industries (including technology, healthcare, finance, consumer goods, and industrial) navigate the opportunities and risks presented by artificial intelligence and machine learning technologies, including and in particular with respect to generative AI.
50
Recent experience includes
Advisory
- Advise client in the consumer-facing technology space (hardware and software) in establishing an AI governance framework and set of policies to govern the integration of generative AI into a variety of product offerings. Establish risk-mitigation strategies in relation to text and image generating tools.
- Advise numerous clients regarding best practices for effectively utilizing AI-enabled technology in hiring, pay, promotions, and performance assessment.
- Develop AI governance framework and suite of policies and best practices for client in the payment processing and information management services industry, addressing both home-grown and licensed-in AI systems and internal and productized use cases.
- Conduct analysis of generative AI-related use cases for client in the consulting space; following analysis, develop AI acceptable use policy, update terms of use, master services agreement and privacy policies to account for active and anticipated AI integrations.
- For multiple clients in the financial services sector, advise on internal use cases in relation to AIML and generative AI, and develop internal policies to guide practices.
- Advise client in the healthcare analytics space on updates to customer agreements to ensure permissible use of certain data in connection with the training of AI models.
Transactions
- Advised Advent Global Technology in its investment in Salt Security, Inc., a developer of context-based API discovery and vulnerability detection services that use machine learning and AI to automatically and continuously identify and protect APIs.
- Advised Blackstone Growth in its investment in Vectra AI, Inc., a developer of AI platforms that collect, store and enrich network metadata to detect, hunt and investigate known and unknown threats in real time.
- Advised Churchill Capital Corp IV, a SPAC sponsored by Churchill Capital Group, in its $11.75 billion merger with Lucid Motors, a designer, developer and manufacturer of electric automobiles.
- Advised Conversica Inc., a provider of automated artificial intelligence-based sales conversion management software solutions, in its Series C funding round led by PSG.
- Advised CPP Investments, together as co-investor with Permira and GIC, in the acquisition of a majority stake in Lytx, Inc., a provider of machine vision and artificial intelligence-powered video telematics solutions, in a transaction that valued Lytx at more than $2.5 billion.
- Advised Goldman Sachs Asset Management in its $300 million investment in Madhive, a provider of video ad platform with a real-time AI powered by blockchain technology.
- Advised MarketAxess Holdings Inc. in its acquisition of Pragma LLC, a quantitative trading technology provider.
- Advised PSG in its acquisition of Loopback, L.L.C., a provider of data management, analytics, and services to health systems.
- Advised PSG and its portfolio company mPulse Mobile, Inc., a developer of a conversational AI platform and digital engagement solutions for the healthcare industry, in its acquisitions of Decision Point Healthcare Solutions LLC and HealthTrio, LLC.
- Advised PSG in its investment in Lusha Systems LTD, a developer and operator of a cloud-based B2B sales platform.
- Advised Thompson Street Capital Partners in its acquisition of MediaRadar, a provider of timely, cross-media advertising intelligence, from Frontier Growth.
Litigation
- Representing Getty Images in its lawsuit against Stability AI arising out of Stability AI’s unauthorized scraping and use of proprietary Getty Images content to train Stability AI’s Stable Diffusion text-to-image model.
- Successfully defending Nuance Communications, Inc. in a patent infringement suit commenced by AI Visualize asserting 35 claims across four patents directed toward technology that relates to visualizing large medical image datasets over the internet. The district court granted Nuance’s motion to dismiss on Section 101 grounds, which was upheld by the U.S. Court of Appeals for the Federal Circuit.
- Successfully representing Nuance Communications in multi-front district court litigation and inter partes review proceedings adverse to a competitor, related to speech recognition, computer-assisted physician documentation and transcription technology.
- Representing Pacific Biosciences of California, Inc. as plaintiff in a patent infringement suit against Oxford Nanopore Technologies, Ltd. in which PacBio asserted four patents relating to methods of sequencing DNA and RNA molecules using small protein holes called nanopores.
- Advising a major technology company on patent strategy and potential patent litigation involving technology relating to facial recognition, facial tracking in video stream, fingerprint detection, restaurant/shopping recommendations for map applications, and voice assistant natural language processing and recommendations.
Speaking Engagements, Latest Thinking
Speaking Engagements
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SEC Enforcement, AI, ESG and CEO Succession – Critical Discussions Your Board Should Be Having with Your Chief Legal Officer
Speaker(s):
Sarah Coyne and
Kaitlin Descovich
September 17, 2024 — New York, NY — Co-Head of Weil’s global White Collar Defense, Regulatory and Investigations practice Sarah Coyne and Public Company Advisory Group partner Kaitlin Descovich spoke on the panel titled “SEC Enforcement, AI, ESG and CEO Succession – Critical Discussions Your Board Should Be Having with Your Chief Legal Officer” as part of the 2024 Boardroom Summit.
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Opportunities and Obstacles: Addressing Generative AI in Corporate Transactions
Speaker(s):
Charan J. Sandhu,
Jeffrey D. Osterman,
Olivia J. Greer and
Dennis F. Adams III
March 13, 2024 — New York, NY — Charan Sandhu and Jeffrey Osterman, Co-Heads of Weil’s Technology & IP Transactions practice, along with partners Olivia Greer and Dennis Adams, moderated a panel discussion during Weil’s Technology, IP & Media Seminar Series entitled, “Opportunities and Obstacles: Addressing Generative AI in Corporate Transactions.” Among the topics discussed were best practices for modernizing due diligence to identify AI risks at transactional targets, anticipating and drafting for regulatory and litigation liabilities, and drafting deal terms to protect buyers from AI risks.
Latest Thinking
- EU AI Act: Overview and FAQs Publication — By Barry Fishley and Chloe Kite — PDF — June 2024