Nvidia backs European AI legal tech at $5.6 billion valuation
CNBC
Nvidia's venture arm invests $50 million in Swedish AI legal startup Legora, valuing the company at $5.6 billion.Summary
Nvidia's venture arm, NVentures, has invested $50 million in Swedish AI legal tech startup Legora, bringing the total Series D funding to $600 million and valuing the company at $5.6 billion. This investment marks Nvidia's first entry into the legal tech sector. Legora is developing AI agents to automate legal workflows and recently launched an ad campaign featuring actor Jude Law. The company has grown to 400 employees and serves major law firms and corporate legal departments.
(Source：CNBC)
