Code to Contract

Considerations for AI Transactions

Only a decade ago, AI transactional work was limited. AI was in the background, relevant mainly for the tech industry but not a priority for most industries, and generative AI wasn’t on the radar for most people. It’s fair to say things have changed.

From increased demand for content licensing for training AI – including data and other IP – to shifting market standards for utilizing AI as a service, specifically on issues like service level commitments, liability and indemnity – Covington has proudly represented clients on a wide array of AI-related transactions, including deals that are among the first of their kind.