News from the AI & ML world

DeeperML

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Flank, a Berlin-based company, has secured $10 million in funding to advance its autonomous AI legal agent designed for enterprise teams. The funding round was led by Insight Partners, with participation from Gradient Ventures, 10x Founders, and HV Capital. The investment will be used to accelerate product development, expand the engineering and commercial teams, and strengthen enterprise partnerships. Flank's AI agent seamlessly integrates into existing workflows, reviewing, drafting, and redlining legal documents, as well as answering legal and compliance questions swiftly.

Flank differentiates itself from chatbots and copilots by autonomously resolving requests directly within tools like email, Slack, and Microsoft Teams, eliminating the need for new interfaces or employee retraining. The agent is designed to handle high-volume workflows, such as NDAs and compliance checks, freeing up legal departments to focus on strategic tasks. CEO Lili Breidenbach emphasizes that Flank allows legal teams to concentrate on high-value work while the agent handles routine tasks invisibly and autonomously. Sophie Beshar from Insight Partners recognizes Flank as a pioneer in autonomous agents capable of real work at scale, addressing the strains faced by legal teams.

Microsoft Build 2025 showcased Microsoft's strategic shift towards agentic AI, emphasizing its potential to transform software development. CEO Satya Nadella highlighted the evolution of AI from an assistant to an agent capable of performing complex workflows. Microsoft aims to collaborate with the development community to build the future of agentic AI development. The conference addressed concerns about the role of developers in the age of agentic AI, reaffirming Microsoft's commitment to software development and highlighting AI's role in enhancing, not replacing, human capabilities.

AI is also becoming integral in cybersecurity. Impart Security, with recent backing, is developing an agentic approach to runtime security, empowering security teams to proactively address cyberattacks. The increasing complexity of digital interactions and the expansion of attack surfaces necessitate AI-driven efficiency in security. Traditional security systems struggle to keep pace with modern attacks. Impart Security aims to provide comprehensive, actionable, and automated responses to security threats, moving beyond mere detection.
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References :
  • futurumgroup.com: Microsoft Embraces the Development Community on the Path to Agentic AI
  • www.insightpartners.com: Flank Raises $10M to Scale Autonomous Legal Agents — Embedded, Invisible, and Built for the Enterprise
  • www.madrona.com: Why CISOs Need Agentic Security — And Why We Invested in Impart
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