Compliance Perspectives: Compliance’s Role in Vendor Contracts
Day 17 of One Month to More Effective Compliance for Business Ventures- Corporate Controller and Business Ventures
On July 11, 2024, the New York Department of Financial Services (“NYDFS”) released Insurance Circular Letter No. 7, which establishes guidelines on the use of artificial intelligence systems (“AIS”) and external consumer data...more
Since the release of OpenAI’s ChatGPT, the intense hype around large language models (LLMs) and complex AI systems has exploded. Organizations have rushed to both try and buy these new tools. Along with it, a flood of...more
Cooley’s AI Talks series highlights multidisciplinary perspectives on artificial intelligence and showcases the firm’s subject matter knowledge on the intricacies – and complexities – of large language models, machine...more
Tech Vendors and Cybersecurity – Are They Responsible? It has long been recommended that when you contract with a technology vendor that you include an indemnity clause in the contract wherein the vendor will indemnify you...more
“AI will most likely lead to the end of the world, but in the meantime, there’ll be great companies.” –Sam Altman - Artificial intelligence (AI) is a controversial topic. It is easy to imagine a near future where AI solves...more