In 2020, Xayn was an AI startup on confidentiality and disc designed specifically for smartphones. But this first experience finally saw the company rotate a development of sovereign AI for the legal sphere. Now Xayn has renamed Noxtua and has collected a B series of $ 92.2 million (around 81.2 million euros).
The Tour was led by strategic investor CH Beck, main legal publisher of Germany. For the context, CH Beck actually has the repository of all legal affairs and judgments in Germany, which gives it a unique position. The idea is that Noxtua will have access to all of its archives and its new legal for its new product of legal nicknamed Beck-noxtua.
The new additional on -board investors include the high performance IT specialist Northern Data Group, the largest business law firm in Germany and the world dent of lawyer. Previous and existing investors include Global Brain, KDDI Open Innovation Fund and Dominik Schiener.
The addition of data from the North is not a coincidence. Beck-Noxtua will work as a sovereign Ia on the cloud infrastructure of this company, which is contained in Germany.
NOXTUA says that its highly specialized AI can seek legal issues and analyze and write legal documents, all in a legally compliance with customers, including those based in Germany. This is important because the bar of legal compliance in Germany is extremely high, which makes CH Beck training data absolutely crucial for precision. It includes 55 million documents – the largest legal database in the German -speaking world.
Geopolitics throwing a shadow on the idea of directing AI models based in Germany on the United States-based infrastructure, Noxtua has signed the accommodation partnership with Northern Data, which is based in Frankfurt.
Dr. Leif-Nissen Lundbæk, CEO and co-founder of Noxtua, told Techcrunch for a call that Noxtua uses its own version of a transformer AI model, but training specifically on legal contracts. “We have already deployed many law firms and legal services and we have joined forces with Ch Beck,” he said, “[which is] Indeed, the “Thompson Reuters for the law” in Germany “.
Lundbæk said Noxtua should take this path because fundamental models based on the United States are based on American data, also partly British data and contracts.
“It is very different in countries like Germany or France,” he added. “These models really fail in precision. In addition, government services are essentially legal, right? So you can’t just use an American AI model in a German legal context. ”
Noxtua’s technology was developed from research undertaken by the founders of the University of Oxford and the Imperial College in London, then developed with CMS.
In a press release, Professor Dr. Klaus Weber, member of the Executive Council of CH Beck, said: “Noxtua’s vision of a sovereign European legal AI aligns with our values … Noxtua is the cornerstone of our innovation strategy.”
