Manatt Digital and Technology National Advisor Tim Andrews was quoted in The American Lawyer on the rise of artificial intelligence (AI) licensing deals and how it may be shaping the use of AI across the technology sector.
Rather than mergers or buyouts of AI technology companies, Big Tech has been pursuing more AI software licensing deals, as observed by technology transaction attorneys. “[Licensing deals are] generally cheaper than buying out the equity, which investors usually want quite a premium [for]. Licensing the technology as well is often less expensive than buying the firm outright,” Andrews said.
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