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Nvidia invests in legal AI Legora
Nvidia's NVentures has joined a $50 million funding extension for Legora, a Stockholm-based startup that uses AI to automate complex legal workflows.
The investment values the company at $5.6 billion, reflecting the growing demand for specialized AI applications in the professional services sector.
Legora has become a household name in Europe following a massive marketing push fronted by actor Jude Law.
The startup plans to use the fresh capital to expand its presence in the U.S. market and further develop its proprietary models for contract analysis and litigation support.