AI is no longer a futuristic concept for the legal industry—it is a present-day catalyst that is already empowering small and midsize law firms to scale their operations, expand their geographic reach and compete with larger firms.

Zach Abramowitz, a tech consultant to law firms and legal departments, says legal tech's surging revenue may be a sign of an impending bubble.

Ioana Good offers several key insights from attending the CMO Series Live held on June 5 where sessions included topics such as the AI revolution, what it means for CMOs to harness AI for cross-selling,

Stable Diffusion’s roots trace back to Germany, where computer scientists at Ludwig Maximilian University of Munich worked with the New York-based tech company Runway to develop the original algorithms. The university researchers credited Stability AI for providing the servers that trained the models, which require large amounts of computing power.