Harvey

According to the information of 10 August, the Information reported that the lawyer-in-law, AI Startup, Harvey, was negotiating a new round of financing to raise at least $500 million, with an estimated $15.5 billion, including new funds, about 40% more than the $11.1 billion in the previous round five months. According to reports, Harvey currently earns more than $350 million annually. This company provides lawyers with an AI tool for the review of contracts, legal research, etc., which is the highest-valued AI business in the legal vertical field..

Harvey AI is a domain-specific AI platform designed to help law firms, professional service providers and Fortune 500 companies with complex tasks and research. The platform provides an integrated assistant that simplifies complex task delegation, enables users to conduct rapid research across legal, regulatory, and tax domains, assists with contract analysis, due diligence, litigation, and regulatory compliance, and can help generate insights, recommendations, and predictions based on data. It provides an integrated, secure platform with Assistant, Vault, Research and W...

Harvey, a startup that builds AI "co-pilots" for lawyers, has raised $100 million in its latest round of financing, with a company valuation of $1.5 billion. This round of financing was led by Google's corporate venture capital arm GV, with participation from well-known institutions such as OpenAI, Kleiner Perkins, and Sequoia Capital. It seems that the application of AI in the legal field is being enthusiastically sought after by the capital market! Source Note: The image is generated by AI, and Winston Wimber, two co-founders of the image licensing service provider Midjourney Harvey...

Recently, Harvey and OpenAI announced a partnership to jointly create a custom-trained case law model for legal professionals. This AI system not only has complex reasoning capabilities, but can also handle a wide range of legal domain knowledge and has the ability to go beyond a single model call. It can draft legal documents, answer complex litigation scenario questions, and even identify significant differences between hundreds of contracts. This innovative initiative aims to improve the efficiency and accuracy of legal work and provide strong technical support for legal professionals. Harvey is composed of lawyers with backgrounds in antitrust and securities litigation…

Recently, Harvey, a legal technology company in which OpenAI participates in investment, announced that it had successfully obtained $80 million in Series B financing, valued at $715 million, which was co-invested by Capgemini, Sequoia Capital, OpenAI Startup Fund and others. It is understood that Harvey provides lawyers with a deeply customized ChatGPT assistant based on OpenAI's GPT-4 series models, combined with proprietary legal data for pre-training and fine-tuning. Image Source Note: Image generated by AI, image license provider Midjourney Harvey's products are widely used...