{"id":87560,"date":"2023-06-27T15:39:20","date_gmt":"2023-06-27T19:39:20","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=87560"},"modified":"2023-06-28T09:53:04","modified_gmt":"2023-06-28T13:53:04","slug":"the-rumors-were-true-thomson-reuters-acquires-casetext-for-650m-cash-ambrogi","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2023\/06\/27\/the-rumors-were-true-thomson-reuters-acquires-casetext-for-650m-cash-ambrogi\/","title":{"rendered":"The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash [Ambrogi]"},"content":{"rendered":"<p><a href=\"https:\/\/www.lawnext.com\/2023\/06\/the-rumors-were-true-thomson-reuters-acquires-casetext-for-650m-cash.html\" target=\"_blank\" rel=\"noopener\"><strong>The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash<\/strong><\/a> &#8212; from lawnext.com by Bob Ambrogi<\/p>\n<p><a href=\"https:\/\/www.lawnext.com\/2023\/06\/the-rumors-were-true-thomson-reuters-acquires-casetext-for-650m-cash.html\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.lawnext.com\/wp-content\/uploads\/2023\/06\/TR-acquires-Casetext-Featured.png\" alt=\"Thomson Reuters Acquires Casetext for $650M Cash\" width=\"50%\" height=\"50%\" \/><\/a><\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 40px;\">\u201cThe proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to invest more than $100 million annually on AI capabilities, the development of new generative AI experiences across its product suite, as well as a new plugin with Microsoft and Microsoft 365 Copilot for legal professionals,\u201d TR\u2019s announcement said.<\/p>\n<p><em><span style=\"color: #800000;\">From DSC:<\/span><\/em><br \/>\n<span style=\"color: #800000;\"><strong>I post this to show how AI continues to make inroads into the legal realm &#8212; and how serious vendors are about it. I believe AI-enabled applications will eventually increase access to justice for the citizens of the United States of America.<\/strong><\/span><\/p>\n<hr \/>\n<p><span style=\"color: #800000;\"><em>Below is an addendum on 6\/28\/23 that further illustrates how serious vendors are about AI:<\/em><\/span><\/p>\n<p><a href=\"https:\/\/techcrunch.com\/2023\/06\/26\/databricks-picks-up-mosaicml-an-openai-competitor-for-1-3b\/?utm_source=news.lore.com&amp;utm_medium=newsletter&amp;utm_campaign=lore-issue-37-billion-dollar-ai-acquisitions-begin\" target=\"_blank\" rel=\"noopener\"><strong>Databricks picks up MosaicML, an OpenAI competitor, for $1.3B<\/strong><\/a> &#8212; from techcrunch.com by Ingrid Lunden<\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 40px;\">Databricks\u00a0announced\u00a0it will pay $1.3 billion to acquire MosaicML, an open source startup with neural networks expertise that has built a platform for organizations to train large language models and deploy generative AI tools based on them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash &#8212; from lawnext.com by Bob Ambrogi Excerpt: \u201cThe proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to invest more than $100 million annually on AI capabilities, the development of new generative AI experiences across [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[832,356,825,837,830,285,216,367,11],"tags":[],"class_list":["post-87560","post","type-post","status-publish","format-standard","hentry","category-access-to-justice","category-artificial-intelligence-agents-llms-and-related","category-law-schools","category-legal-operations","category-legal-technologies","category-legislation-legislatures","category-microsoft","category-vendors","category-vision-possibilities"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/87560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=87560"}],"version-history":[{"count":5,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/87560\/revisions"}],"predecessor-version":[{"id":87608,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/87560\/revisions\/87608"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=87560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=87560"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=87560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}