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After finally being issued an artificial intelligence technology patent, the congratulatory feeling can quickly lead to apprehension that the secret sauce powering the company’s technology is exposed to all. Concerns over tech details and AI’s ongoing development can make filing patents too expensive and time-consuming for many contract management companies.

Seal Software co-founder and chief technology officer Kevin Gidney called it the “double-edged sword” tech companies face when they file a patent for AI technology.

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Victoria Hudgins

I am a reporter for Legaltech News, where I cover national and international cyber regulations and legal tech innovations and developments.

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