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Navigating the Due Diligence Process for Artificial Intelligence Transactions
Norton Roe Fulbright – In recent years, an increasing number of companies have started to employ artificial intelligence (“AI”) technologies in the development of their products and in their day-to-day business. This shift to utilizing AI can be very advantageous given its far-reaching potential impact; however, with fast-paced growth comes complex questions, novel issues and increased uncertainty. Accordingly, in a merger or acquisition of an AI company or a company with an AI system, acquirers will want to conduct rigorous due diligence to evaluate the unique risks associated with an AI system prior to proceeding with the deal.