OpenAI revealed last week the custom AI tools it uses internally. The news sent some software companies into turmoil. Allan Thygesen, the CEO of Docusign, was not particularly concerned when he saw the news last week that OpenAI had created an internal tool called DocuGPT . He might have preferred that OpenAI choose a different name for its contracting tool. But still, he thought, DocuGPT barely scratched the surface of what Docusign can do.

As someone who has built multiple AI-powered businesses in the legal community, I know firsthand the exciting potential of technology to transform the way we practice law. From predictive coding in electronic discovery, to AI-based contract analysis, legal tech has the power to make our jobs easier and more efficient. But with any new technology comes risk, uncertainty and responsibility. It's easy to get caught up in the hype of the latest buzzwords and trends, but when it comes to serving a demanding audience like lawyers and their clients, you better understand that there's a difference between'playtime' and'production.' What do I mean by that?

Regarding business outcomes, the company claims that a large international information-services firm reduced the time spent on legal reviews by 75%. In another example, DocuSign cited how they decreased the time an international telecom company spent reviewing customer agreements by more than 80%, and enabled a global financial services leader to automate the analysis of over 2.6 million data points from supplier agreements. It's telling that the company can only procure a handful of examples and not one is willing to be named. Resolutely successful initiatives usually have no problem finding a dozen companies willing to lend their name – even to a banner on a company front page – to a brand that authentically benefited them. It's also worth noting that DocuSign's Rolodex is hardly wanting: the company lists T-Mobile, Unilever, Boston Scientific, AAA, and Salesforce as some of their past clients.

In this article, we discuss the 10 best AI stocks for 2022. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best AI Stocks for 2022. Artificial intelligence is the backbone of a myriad of innovations in today's world such as self-driving cars, high-tech computing, enterprise solutions, and robotics to name a few. AI is also set to play a key role in blockchain technology which forms the basis of the cryptocurrency industry. In addition, AI also played a key role in fighting the spread of COVID-19 from contact tracing to robots and drone deployment to responding to urgent needs in hospitals as well as performing deliveries of food, medications, and equipment.

The world's largest and fastest-growing companies such as Accenture, Adobe, DocuSign, and Salesforce rely on Demandbase to drive their Account-Based Marketing strategy and maximize their B2B marketing performance. We pioneered the ABM category nearly a decade ago, and today we lead the category as an indispensable part of the B2B MarTech stack. Our achievements and innovation would not be possible without the driven and collaborative teams here at Demandbase. As a company, we're as committed to growing careers as we are to building world-class technology. We invest heavily in people, our culture, and the community around us, and have continuously been recognized as one of the best places to work in the Bay Area.

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. ContractPodAI, an AI-powered contract management solution provider, today announced that it raised $115 million in a series C investment led by SoftBank Vision Fund 2 at "five times" its valuation compared with July 2019. The round, which saw participation from Eagle Proprietary Investments, will be put toward product growth and expanding ContractPodAI's presence internationally, leveraging SoftBank's Asia-Pacific network. Almost every business function relies on legal involvement or expertise. Despite its importance, legal has been one of the last functions to adopt digitization.

Think about what the internet has done for business. A merchant, no matter how small, can use it to sell goods and services into the furthest corners of the globe. It's a level of reach that allows a single individual to scale an idea into a big, exciting company. Built on the foundations of our online world, artificial intelligence is picking up the entrenched, labor-intensive businesses the internet left behind, and thrusting them into the digital economy. Here are three companies using this new technology to conquer old challenges and redefine their industries.

In some industries, achieving scale has always been incredibly difficult, either because they require too much human capital, or logistical challenges stand in the way. The real estate, car dealership, and legal industries are great examples of this. The internet has opened up new opportunities to climb those hurdles, but artificial intelligence (AI) is proving to be the most valuable piece of the puzzle -- completing tasks that used to require many employees, doing so in repeatable ways, and evolving along the way. DocuSign (NASDAQ: DOCU), Carvana (NYSE: CVNA), and Zillow Group (NASDAQ: ZG)(NASDAQ: Z) have adopted artificial intelligence both organically and through acquisitions, and they are using it to dominate their industries, areas that are still largely stuck doing things the way they've always been done. All three companies have achieved exponential growth and blazed new trails that have changed consumer habits forever.

AI could be the 21st century's biggest new industry. Long a focal point of science fiction, AI is no longer a curious theme to ponder for the distant future -- it's here. The best artificial intelligence stocks to buy already use processes like machine learning and neural networks on a daily basis. In fact, if you took away AI capabilities from the following companies, their profitability would instantly plummet -- and five of them are trillion-dollar businesses, underscoring the new technology's importance to 2021's economy. The growth of artificial intelligence is also enviable.

The fourth-annual Midas List Europe, produced by Forbes in partnership with TrueBridge Capital Partners, has arrived, and we're excited to share the top companies that drove the portfolios of this year's top European venture capitalists. The outlook for the European venture market may have been cloudy at the beginning of the global pandemic as recessionary cutbacks loomed and the IPO window narrowed, but European startups and investors have since bounced back. A wide variety of tech-based startups have been able to ride the tailwinds of the crisis, with new areas of everyday life benefitting from the transition to a technology-driven environment. Evidentially, investors remain clear-eyed and eager to invest in growth and innovation on either side of the pond with European VC deal value – and potentially fundraising – on pace to set new annual records. Here are the top ten companies that acted as key drivers behind this year's Midas List Europe: It's been a boom year for Stockholm-based Spotify, which is making its third consecutive appearance as the #1 driver on the Midas List Europe and fourth appearance overall.