While the evolving capabilities of AI bring increased functionality and features, they also raise important legal considerations for parties negotiating software license agreements. Software developers and licensees need to be aware of unique AI licensing aspects to avoid unexpected liability.
Software developers encounter AI-powered software products that utilize third-party AI services or custom-built AI, each posing strategic considerations like IP rights, data privacy, security, gatekeeper responsibilities, and compliance challenges.
Negotiating AI-inclusive software license agreements requires careful consideration of evolving legal landscapes. Parties engaging in master service agreements involving AI should manage risks and ensure favorable contract terms.
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