Rise of the robot lawyer
British AI startup Robin AI has secured $10.5m to enhance the development of a robot lawyer with the ability to draft legal contracts.
The fundraise was led by Plural and a group of angel investors, including the founder of Monzo Tom Blomfield, and executives from Bridgepoint, Apollo, Clifford Chance and Barings.
The AI tech provider aims to utilise its partnership with Anthropic, a developer of “large language models” to enhance the AI algorithm and produce reliable information.
The aim of the technology is to reduce legal costs and provide wider access to legal services.
The machine learning model has been trained using data from 4.5
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