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Writer's pictureLexTalk World
Sep 4, 20233 min read

Agiloft launches AI Trainer to deliver individualized AI Contract Analysis



The contract lifecycle management vendor Agiloft has announced the release of an AI trainer which will enable non-technical users to customize their task of creating and reviewing contracts.


Why was the need to develop such a technology felt?


As corporate legal teams must largely rely upon using a pre-trained generic AI Model, or an AI Trainer that will offer the users with a no-code environment to create their own AI Models to automate the process of reviewing large contracts. As all the AI Trainers are built on the proprietary of Agiloft’s technological base at a foundational level, and the language model underpinning all the AI Trainers works as a derivative of Google’s BERT.


Thus, referring to the Chief Product Officer of Agiloft, who noted that AI Trainers are all used for empowering and enabling the customers to train AI models for using Data Points in unique ways to craft the clauses for using the fact that requires the use of AI contents for any training purposes.


As it has been found that the AI trainers can help to identify the clauses that can be used like the way a third-party user can help to review in terms of negotiations to help in the remediation problems, where if in case a change happens in the environment, we must be quickly able to identify those contracts within the repository of the clause or a particular piece of data.


So, while putting all customers in hands with ensuring everything where will they have their own way of ensuring no-code reconfigurability across the platforms by applying artificial intelligence.


How AI-Trainers can be considered as a beneficial alternative?

An AI Trainer is a commercial add-on that is usually found within the platforms using Agiloft’s AI Tools, where all users must generally upload their documents to tag the clauses in which they will be interested to work, like a Force Majeure clause. But once all the users are being tagged, they can mark their documents to train the models for identifying those clauses in documents that have not even been checked. Using these models on three-quarters of the documents which are being uploaded and tagged can help in terms of identifying the clauses in which all the users can be interested to access the tools efficiently.


As all pre-trained models continue to remain available out of the box, it is quite imperative to think and provide all customers with the ability to be able to train models based on the contents being developed by them as they might have variations in writing a particular clause. Also in this industry, there can be several data points or clauses of parts that need to be identified as soon as possible. As a pre-trained level stands to be quite important, using which all the customers must work on their own models.


This year, Agiloft has launched the ConvoAI powered by Cognizer’s Genius Platform which can work towards enabling all users to interrogate their contracts based on a natural language that can consist of tools without any keywords or filters.


However, looking at the overall circumstances, it can be considered quite well regarding the differences between the solution being sought after along with the AI Trainer which is required to be enabled, as once the models are being trained to apply to the documents being enriched to contract the records. Thus, referring to the information being stored along with the data being searched for solutions, it might not exactly lead to sharing any data with contracts, that will be put through the large language models for placing the contents on a knowledge graph.

 
 
 

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