Kirkland & Ellis to spend $500mn building its own AI technology

Kirkland & Ellis’s $500m tech project could involve fine-tuning open source LLMs to create their ‘own’ legal AI model, their hiring binge for innovation roles ...

Commure, an AI platform targeting healthcare’s $1 trillion annual administrative burden, has raised $70 million at a $7 billion post-money valuation in a round led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. The company operates across more than 500 healthcare organisations and 3,000 care sites, with its AI […]

Fenwick & West LLP, the Silicon Valley law firm that served as lead outside counsel for collapsed crypto exchange FTX, agreed to pay $54 million to settle a federal class-action lawsuit filed by former FTX customers. Lawfirm Cuts $54M Deal With FTX Customers After Lead Counsel Allegations The proposed settlement was filed this week in […]

The law firm agreed to a settlement in February 2026 and is facing a separate $525 million lawsuit over its role in the collapse of the FTX crypto exchange.

In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves allegations from FTX customers who accused the Silicon Valley-based firm of facilitating misconduct […]

FTX’s former law firm Fenwick and auditor Prager Metis agree to pay about $66M to settle customer fraud claims. FTX customers may move closer to another recovery path after the exchange’s former law firm and auditor agreed to pay about $66 million to settle fraud claims. Fenwick & West and Prager Metis deny wrongdoing, but […] The post FTX Fallout Deepens as Former Law Firm Agrees to $66M Settlement appeared first on Live Bitcoin News.

India's B2B AI startups are experiencing shorter sales cycles as companies rapidly adopt AI technology. Firms are moving from proof of concept to full deployment, with startups like Gnani and Gupshup closing deals faster.

Exclusive: Scotland Yard had been in talks to use Palantir’s AI technology to automate intelligence analysis A £50m Met police deal with the controversial US tech company Palantir has been blocked by the London mayor, Sadiq Khan, with City Hall citing a “clear and serious breach” of procurement rules. Scotland Yard had been in talks, revealed by the Guardian last month, to use Palantir’s AI technology to automate intelligence analysis in criminal investigations. But Khan intervened on Thursday to stop the flagship contract, which would have been Palantir’s largest yet in British policing. Continue reading...