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Harvey, an AI legal tech startup, has achieved an $11 billion valuation following a significant funding round led by Sequoia Capital. Major investors including Andreessen Horowitz and Kleiner Perkins have also backed the company, signaling strong market confidence in AI-driven legal solutions.
Microsoft has acquired AI collaboration startup Cove, bringing its team into the company as the platform prepares to shut down. The move strengthens Microsoft's position in enterprise AI productivity tools.
