Google Backs Legal AI Startup Genie AI In Series A Funding For 'Most Risk-Aware' Technology

Google Ventures, the venture capital arm of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), is leading a Series A funding round in Genie AI, the world's leading AI legal editor, adding to the technology giant's investments in the artificial intelligence sector.

What Happened: Google was joined by Vinod Khosla’s venture capital firm Khosla Ventures in a $17.8 million Series A round of Genie AI. With the latest funding round, Genie AI has raised $20 million.

Genie AI said the latest funding will help the company improve its "agentic legal editor." Unlike other large language models (LLMs), Genie drafts personalized, professionally formatted multi-page agreements "across all major global jurisdictions," the company said.

The process from Genie AI takes minutes compared to what used to take weeks to complete.

The company was ...