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At Schoenherr we thoroughly enjoy technology, as well as helping our clients with their technology & digitalisation matters.
Our clients and their projects face many legal challenges, some of which have yet to be considered. These legal challenges do not adhere to classic legal areas or terminology, and so, in order to meet the legal demands of tomorrow’s technologies today, our group focuses on making technology & digitalisation happen in the current legal environment.
We provide 360° legal advice for all technology & digitalisation matters, and support to Schoenherr's transaction practices with legal and industry know-how.
The technology & digitalisation group provides 360° legal advice for all technology & digitalisation matters. The combined knowledge of our legal experts ensures an optimised understanding of our clients' needs.
Since the scope of our services is constantly developing in accordance with technical developments and our clients' challenges, please refer to the non-exhaustive list of the legal areas in which we provide services at tech.schoenherr.eu
artificial intelligence
AI is not only a great opportunity but also a huge challenge for businesses, and it will affect almost every industry. Get an overview in our artificial intelligence resource center.
MiCAR: Final steps towards the legal framework for crypto-assets
On 20 April 2023 the European Parliament ("EP") finally approved the regulation on markets in crypto-assets ("MiCAR").
GPT-4 shows the ever-increasing importance of legal considerations pertaining to AI
Generative AI has made quantum leaps in the last year. Aside from multiple text2 image models there are large language models producing largely accurate and convincing texts in reply to prompts provided by a user. In November last year OpenAI made available the functionality of their vast 175 billion parameter model GPT-3.5, which was fine-tuned to interpret prompts formulated as questions. ChatGPT is a turning point in the public perception of AI, as it provided compelling texts with comparatively high factual accuracy.
Austria: Schoenherr advises proptech scale-up GROPYUS on major Austrian scale-up financing round
Schoenherr advised the Vienna-headquartered property technology scale-up GROPYUS on its ongoing Series B financing round led by Vonovia, Europe's largest residential real estate company. The volume of this financing round is at around EUR 100m, bringing GROPYUS' total funding to date to more than EUR 200m.
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