As the trade war escalates, Hence launches an AI advisor to help companies manage risk
Summary
“We are drowning in trade updates every hour of every day,” Matthew Oresman, London managing partner of Pillsbury Winthrop Shaw Pittman, a global law firm, told TechCrunch. “We want to democratize access to this information,” West told TechCrunch in an exclusive interview, noting that organizations like startups and NGOs can’t afford to call their lawyers every time they have a question about exposure or spend half a million dollars on a consulting contract. Hence Global is built on Palantir’s Foundry and Artificial Intelligence Platform, which allows the startup to blend different AI models to understand, summarize, and analyze relevant information based on a customer’s specific needs and industry. Having something like this actually gets it to a water fountain so we can actually do something useful with it.” Hence Global hasn’t been live for more than a couple of months, but Trump’s tariff situation has already begun bringing in new clients on top of existing customers like TravelPerk, Diversifi Capital, and Three Crowns. “But to do that, you’ve got to be really well connected to the pulse of society and what people care about and the issues that are top of mind, and that’s why we turn to Hence as a way to help us do that, because things are just moving so quickly in the world in general.” Dhawan likened Hence Global to Uber Eats — a product you didn’t know you needed until it showed up and made your life easier.