Transact

What’s involved?

Procuring AI solutions: Advising customers on your contract terms with AI vendors, from standard AIaaS solutions to bespoke partnerships and development agreements.
Delivering AI solutions: Advising service providers and technology companies on their supply of AI services and solutions to corporate customers, including for onward provision to consumers and end users.
AI end-user terms: Advising on terms of service and licence provisions for AI end-users of AI solutions, including business and consumer users.
AI investments: Advising on acquisitions, investments and collaborations for and with AI companies, including structuring, negotiation, due diligence and documentation.

How TLT can help

Model vendor terms: providing guidance and summaries of generative AI model provider standard terms.
Procurement: supporting in due diligence on, and negotiations with, AI solution vendors.
Template provisions, agreements and playbooks: assisting you with the contractual implementation of an AI solution in your business.
Open source AI: assessing whether open source licence terms permit you to develop AI and to commercially exploit any such AI.

Experience

Assisting a Tier1 TMO with the preparation of draft clauses in a short-form and long-form format to be used as templates in supply chain contracts to address the use of AI by its suppliers, along with an accompanying “AI playbook” to be used in negotiations.
Advising a UK clearing bank on its £10m+ minority investment and technology collaboration agreement with an innovative scale-up company at the forefront of Generative AI, including advice on complex commercial, intellectual property and investment protection issues.