Evisort, calling itself the leader in artificial intelligence (AI) for contract lifecycle management (CLM) and analysis, announced its successful development of the industry’s first large language model (LLM) specifically for legal agreements. Evisort’s bespoke LLM will be a key component of the company’s new, multi-faceted generative AI engine, combining third-party and proprietary technology to bring unparalleled innovations to contract management.
The rise of general LLMs such as OpenAI’s ChatGPT, Anthropic’s Claude, and Meta’s LLaMA 2 has sparked the imagination of users and ushered in a new wave of AI investment. However, the complexity and unique terminology associated with contracts necessitate a domain-specific model to optimize the benefits of generative AI for legal and business stakeholders.
Created by Evisort AI Labs, which has developed proprietary AI technology for legal use cases since 2016, Evisort’s LLM is a Transformer-based language model trained and fine-tuned … … weiterlesen →