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Rules For AI In Financial Services Largely In Place, FCA Says - Law360

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By Joel Poultney (November 9, 2022, 2:50 PM GMT) -- Regulation of artificial intelligence systems at financial services firms can employ existing frameworks to combat many of the risks emerging as the technology grows in popularity, a Financial Conduct Authority official said Wednesday....


Ex-Hogan Lovells Innovation Head Joins AI Platform Orgaimi - Law360

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Orgaimi Inc., which makes a client intelligence platform powered by artificial intelligence, said Wednesday that it had hired a former Hogan Lovells head of innovation and digital to be a market evangelist.


KBR To Lead R&D For UK Military Artificial Intelligence Testing - Law360

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By Nicole Rosenthal (July 14, 2022, 6:53 PM EDT) -- International cybersecurity contractor KBR announced Thursday it will lead research and development for an artificial intelligence and machine-learning project at the U.K. Ministry of Defence. Frazer-Nash Consultancy, a U.K. and Australian technology services provider that KBR acquired in October 2021, is set to work with the MOD's Defence Science and Technology Laboratory, or Dstl, as part of the three-year Autonomous Resilient Cyber Defence project, which will develop defense concepts that can be tested and evaluated against simulated military attacks. "Dstl are excited to be working with KBR and Frazer-Nash on this vanguard project, delivering cutting-edge response and recovery concept demonstrators over...


Industry Insights To Navigate AI Chemical Invention Patents - Law360

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By Michael Sartori and Matthew Avery (March 2, 2022, 6:27 PM EST) -- Artificial intelligence has seeped into so many areas, and the chemical industry is no exception. The increasing number of patents being sought for AI-based chemical inventions reflects the innovations in the field. This article discusses the increase in the patenting of AI-based inventions related to the chemical industry and provides insights for the industry into how to navigate this new course. Patenting of AI-Based Chemical Inventions According to Andrew Moore at NC State University's College of Natural Resources, the chemical industry has used AI "to increase operational efficiency, reduce costs and improve customer satisfaction."[1]


After West Texas Ruling, Patenting AI Could Be More Nuanced - Law360

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Intel Corp,.[1] on Dec. 27, the U.S. District Court for the Western District of Texas found claims of machine-learning patents invalid under Title 35 of the U.S. Code, Section 101, in a motion to dismiss filed under Federal Rule of Civil Procedure 12(b)(6). This decision, on one hand, provides a road map that skilled counsel can follow to draft patents that are more likely to withstand eligibility challenges, but, on the other hand, could make patenting artificial intelligence inventions more nuanced absent due care.


How A General Counsel Should Think About AI - Law360

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Law360, New York (February 15, 2017, 12:03 PM EST) -- Bruce J. Heiman Elana R. Reman It's hard to escape reading about the "AI revolution." Artificial intelligence or "AI" computer systems now can simulate surprising human-like processes including learning, decision-making, self-correction, speech and image recognition, reasoning and other tasks we typically think of as requiring "intelligence." The AI sprint has been propelled by recent growth in computing power, increasing availability and openness of large data sets, and "deep learning" algorithms that mimic neural networks.