Seeking to scale its technology for client use, enterprise search and knowledge management company RAVN Systems announced the development of RAVN Extract Direct, an artificial intelligence (AI) tool that can read, interpret, review and extract key information from a variety of legal documents.
Jan Van Hoecke, CTO and co-founder of RAVN Systems, noted that the tool is being created as a self-service portal, and built upon “layers and layers of algorithms” that learn how to read and analyze specific documents through repetition and mistake corrections, with the goal of automating repetitive document review.
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