Imagine it’s the year 2040. Corporate disputes are no longer resolved by lawyers. Instead, artificial intelligence (AI) records the facts from available data, automatically prepares the necessary legal documents, and sends them to the opposing party and the court. The general counsels of the companies involved in the dispute are disappointed that human judges still
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Making GPUs Work For You – Time-Honoured Methods of Maximising Value From Graphics Processing Unit (GPU) Rental Agreements
The inflow of investment and research into artificial intelligence (AI) shows no sign of abating, with interest increasingly shifting to more customised and targeted uses of the technology. However, for all but the largest companies seeking to harness AI, doing so requires renting computing capacity from specialised hardware providers. Rental arrangements for GPUs are now
The Quiet Revolution of AI in Pensions
This article originally appeared in Finextra on 22 May 2025
A quiet revolution is happening in the pensions industry, as it starts to embrace the use of artificial intelligence (AI) for more than number crunching.
AI has been used in pensions for several decades, but this has largely been for back office work, such as
The EU AI Act and Respective Regulation of Financial Services
The EU Artificial Intelligence Act (AI Act), Regulation (EU) 2024/1689, came into force on 1 August 2024. As outlined in my previous article headlined EU AI Act Proposal and Regulation of Financial Services, the AI Act has a two-year implementation period, while most of the rules and obligations under the AI Act will
Key Insights on President Trump’s New AI Executive Order and Policy & Regulatory Implications
On January 23, 2025, President Trump issued a new Executive Order (EO) titled “Removing Barriers to American Leadership in Artificial Intelligence” (Trump EO). This EO replaces President Biden’s Executive Order 14110 of October 30, 2023, titled “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (Biden EO), which was rescinded on January 20, 2025,
FTC Report on the Artificial Intelligence Sector Illuminates Future Enforcement
This article originally appeared in Law360 on 24 January 2025.
On Jan. 17, the Federal Trade Commission revealed the much-anticipated findings of its ongoing inquiry into the artificial intelligence sector, publishing its staff report on AI partnerships and investments. While the report was pushed out at the end of the Biden administration, it and the
The EU AI Act Enters Into Effect – What You Should Know and What Should You Do?
As AI continues to revolutionize industries, staying ahead of the regulatory curve is crucial. With the entry into force of the EU AI Act in August 2024 and some of its obligations set to apply from as soon as February 2025, organizations providing or deploying their AI systems in the EU are pressed to assess
Artificial Intelligence (AI) and Competition Law: Balancing Innovation and Regulation
Recognising the extraordinarily rapid evolution of AI and its broad impact across many sectors, competition regulators in the UK, the EU and globally are moving quickly to ensure that the market remains competitive and that the technology is not used by companies to gain an unfair advantage or harm consumers.
This discussion paper features key
AI Set To Fly as Australian Government Readies Regulatory Framework To Support Transformative Technology
At present, there is no specific Australian legislation regulating artificial intelligence (AI) technologies. That is in contrast to some other jurisdictions, which have legislation in place, or significantly advanced draft laws, specifically regulating the technology.
The Australian Commonwealth government’s interim “safe and responsible AI consultation” response (released January 2024) summarises the government’s response to public
Ten Things About Artificial Intelligence (AI) for GCs in 2024
For any organisation grappling with the acquisition and deployment of AI, the global legal and regulatory framework governing its use remains a real challenge. We provide 10 key insights on the issues around AI that GCs need to consider in 2024.