Flank News | Sep 25, 2024

Marcel Marais, AI at Flank, announced the use of a new framework called Iteration of Thought (IoT) to enhance LLMs' reasoning abilities through an Inner Dialogue Agent (IDA)...


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Flank

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Flank is an AI-native agentic automation platform designed for expert teams, particularly in the legal sector. It aims to instantly resolve requests from commercial teams, eliminate bottlenecks, and enhance operational speed. The platform specializes in legal tech, contract creation, and generative AI, providing tailored solutions for complex legal scenarios.


Updates as of Sep 25, 2024

  • Marcel Marais, AI at Flank, announced the use of a new framework called Iteration of Thought (IoT) to enhance LLMs' reasoning abilities through an Inner Dialogue Agent (IDA).
  • Marcel Marais, AI at Flank, announced MemoRAG, a new system with an integrated memory component that handles up to one million tokens in a single context.
  • Flank will host an invite-only AI summit for legal counsels and senior legal leaders in London on October 15th.
  • Flank is piloting a new AI tool to speed up prototyping, as shared by Co-founder Jake Jones.
  • Flank sponsored a Hungry Counsel dinner discussion for legal ops leaders and GCs at Balthazar in Covent Garden.
  • Jake Jones, Co-founder, mentioned that Flank's AI handled a 120-question compliance form in 206 seconds.
  • Flank's early tests show that the new o1 model has a higher floor but is slower, more expensive, and harder to integrate than 4o (6/8).

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