Legora CEO: Europe should not build a frontier AI lab

Legora CEO Max Junestrand said Europe should skip building its own frontier AI lab and instead build applications on top of existing models. On the same day, Bloomberg reported the company is in talks to raise at least $300m at a pre-money valuation of about $8.5bn.

• Junestrand called warnings about AI agent risks partly a marketing exercise
• Legora is in talks to raise at least $300m at a ~$8.5bn pre-money valuation
• The company hit $200m in ARR, with the second $100m taking under six months
• 130,000 lawyers use Legora across 2,100 firms in more than 80 countries