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Artificial intelligence (AI) tools and resources are inundating the news, social media, professional seminars, and inboxes. AI is part of every conversation across industries and professional services, and more and more businesses are integrating these tools into their operations. Whether AI is used in the hiring process, to track inventory, as part of contract management, or any other part of the business, or if developing AI products and solutions is the business of the client or acquisition target, an acquisition agreement may need to be updated to include special representations and warranties, covenants, or closing conditions. Check out what AI-related provisions are trending in M&A transaction agreements.
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