TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Thomson Reuters to acquire legal AI firm Casetext (YC S13) for $650M

5 pointsby avyfainalmost 2 years ago

2 comments

csh0almost 2 years ago
I’m as excited about LLMs as the next guy, but I am sort of confused about stuff like this.<p>From the article: “One of Casetext&#x27;s key products is CoCounsel, an AI legal assistant launched in 2023 and powered by GPT-4 that delivers document review, legal research memos, deposition preparation, and contract analysis in minutes, Thomson Reuters said in a statement.”<p>I get using an LLM to generate code snippets or text, where a human developer or author might be able to pick out the good parts and resolve any syntactical mistakes.<p>But for something like contract analysis or document summary, in a profession where cases have been won and lost on something as precise as comma placement, are LLMs really useful here? Their inherent inexactitude makes me wonder.
johntiger1almost 2 years ago
Wow, all these AI acquisitions. Databricks bought MosaicML yesterday for 1.3B <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=36487964">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=36487964</a>