Genie AI Receives Nearly £200K Innovate UK Grant for Legal AI Innovation
Summary
Since coming through with the first part of the grant, Genie AI has successfully onboarded an impressive 13,000 companies onto their platform, whove utilised more than 10,000 legal documents. "The legal landscape is rapidly changing - businesses want instant access to services at affordable prices, rather than waiting for long email threads. With this Innovate UK grant, the company aims to further solidify its position as a pioneer in the field and launch its AI legal assistant to the market, marking a significant step towards modernising the way contracts are understood and accessed by businesses.Its an exciting time because LLMs have reached a level where theyre comparable, and often better than human experts in various professions," says CEO Rafie Faruq. "Genie combines this AI ability with carefully crafted UX/UI design and its advanced legal document editor, SuperDrafter, to help companies get to done faster on their legal agreements.To keep updated on the latest developments, sign up to Genie AI - https://app.genieai.co/communityIn the event of detecting errors, concerns, or irregularities in the content shared in this press release that require attention or if there is a need for a press release takedown, we kindly request that you inform us promptly by contacting error@releasecontact.com. Our dedicated team will promptly address your feedback within 8 hours and take necessary actions to resolve any identified issues diligently or guide you through the removal process.