In-Brief:
- The pace of development in artificial intelligence (“AI”) is reshaping corporate transaction trends, with increasing M&A activity targeting AI and technology-driven businesses.
- AI tools are already being utilized across various stages of corporate transactions, most notably in due diligence exercises, which can deliver greater speed and efficiency.
- While AI offers clear advantages in handling the ‘heavy lifting’ of corporate transactional work, its use will require legal professionals to be highly attentive to risks such as data confidentiality breaches.
In this podcast, we consider where AI currently is as well as the trends in corporate transactions, including AI companies and the AI-tools currently being utilised in corporate transactions. Given that the rate of development of AI is, arguably, the fastest-paced technological development in history, it may not be long before we need to return with an update and prediction on where AI is taking us.
Should you require any information on the above, please contact Patrick Tweedale (Partner), Christopher Fenn (Associate) or Alexander Wagg (Associate) at Hadef & Partners.