In the rapidly advancing field of artificial intelligence (AI), due diligence for mergers and acquisitions (M&A) must adapt to the unique legal and regulatory challenges posed by this technology. Mark Mahoney, a partner with Dentons Canada in Toronto, emphasizes the importance of understanding the specific risks and considerations when acquiring AI companies. Mahoney points to the explosive growth in the industry, noting that AI raised over $84 billion in venture financing in 2021, nearly double the amount from the previous year, and generated over $166 billion in value through IPOs and M&A. He advises lawyers and dealmakers to stay informed about AI developments to craft thorough transactional documents, safeguarding client interests.

Artificial Intelligence, Legal Advisory, Mergers and Acquisitions,Canada, Global