Summary of Skadden’s
Artificial Intelligence
Capabilities

Artificial Intelligence

Our global artificial intelligence team offers years of experience with complex AI legal matters andan understanding of the key AI technology issues, business drivers and evolving global regulatory
landscape to companies around the world navigating this complex and cutting-edge technology.
Comprehensive InsightExperienced in AI Development and Deployment

AI raises legal questions across a broad spectrum of regulatory,
corporate and litigation areas in which Skadden excels. Ourteam includes some of Chambers’ top lawyers for intellectual
property and technology, cybersecurity and data privacy, laborand employment, capital markets, M&A, national security, tax
and antitrust/competition law. We draw on our strong regulatory
knowledge and experience across our global footprint to advise
our clients regarding the laws governing AI, and how to plan forlaws and regulations that may come into effect.

Skadden represents companies at every stage of the AI
development lifecycle, including:- Developers and distributors of AI models and tools.
- Owners of content and data used to train AI applications.
- Organizations developing AI governance models.
- Companies creating intellectual property strategies foruse and deployment.
- Entities acquiring, or investing in, AI companies.

Tech Savvy- Businesses preparing and testing AI incident response plans.

Our attorneys have a sophisticated understanding of the tools
and models that underpin AI resulting from their extensive
work advising clients in this space and the technical training
and experience many of them possess.

The firm’s clients are companies in virtually every industry
incorporating AI into their environments, including advertising,automotive, consumer, cybersecurity, entertainment, fintech,
insurance, life sciences and health care, marketing, media, private
equity, semiconductors, software and sports, among others.

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Summary of Skadden’s
Artificial Intelligence Capabilities
Continued

Intellectual Property and Technology- The development of AI policies and procedures.

Our highly regarded intellectual property and technology
attorneys advise clients on various AI-related IP issues, including those regarding AI usage, strategies and deployments. Wehave advised clients, including leading AI, social media, music,movie and sports entities, on:- AI supply chain risk management, including the developmentof tailored AI impact assessments.

- Developing and drafting enterprise-wide AI intellectual
property strategies and policies, including with respect tolicensing and enforcement issues.
- Advising companies on IP protection and registration for works
with AI-generated elements.
- Negotiating agreements to license content, names and images
for use in AI models and tools.
- Negotiating enterprise AI agreements.
- Drafting form language for use with in-bound and out-boundAI-related agreements.
- Counseling AI tool developers on IP protection and licensing
approaches.
- Advising on transactions involving the acquisition or sale of,and investment in, AI-related companies.
Governance
Skadden counsels public and private companies, management,
boards of directors and board committees on a full range ofcorporate governance matters and fiduciary duties related to AI
development and deployment. We advise companies on how toassess, manage and monitor the benefits and risks of AI, how
to structure and implement AI governance and how to ensure
their boards take reasonable steps to implement and oversee AI
risk management and compliance controls. We help clients bothdevelop tailored, cross-functional AI governance practices andreview those already in place, advising on whether changes may
be warranted to align with global regulatory expectations andbest practices.

Cybersecurity and Data Privacy
Skadden’s market-leading cybersecurity and data privacy teamhelps companies traverse the growing security, privacy andcompliance challenges posed by the development and use ofAI. Our attorneys are well equipped to help strengthen clients’cybersecurity preparedness and resilience and to advise on
AI-related cybersecurity vulnerability management, assessments
and disclosure programs.
We have extensive experience developing, implementing andreviewing effective ethics and compliance programs and soundcorporate governance practices at the intersection ofcybersecurity, data privacy and AI, including advising andtraining management teams and boards on AI-related policies,procedures and accountability frameworks.
Our attorneys also develop, enhance and assess the effectiveness of cybersecurity incident response plans and work hand inhand with cybersecurity specialists, forensic investors and otherprofessionals to protect clients’ interests.
In addition, we track evolving regulatory and other standards
related to cybersecurity, data privacy and AI.
We have advised clients, including Fortune 500 companies, on:- Preparing for and responding to AI-related cyber incidents.
- Facilitating and developing AI tabletop exercises.
- Developing AI-enabled cyber defense products and services.
- Creating AI and cybersecurity vulnerability management anddisclosure programs.

We have advised clients, including management teams andboards of global technology and entertainment companies,
sports leagues, retailers and financial institutions, on:- AI governance related to cybersecurity, privacy, fairness andbias, safety and IP considerations.

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Summary of Skadden’s
Artificial Intelligence Capabilities
Continued

Corporate Transactions

Labor and Employment

Skadden is recognized as one of the top global advisers on
corporate deals. Our highly esteemed team provides
sophisticated counsel on the complete spectrum of corporatetransactions, including mergers, acquisitions, joint venturesand financing matters. We have advised clients, including
industry-leading, global companies in the entertainment, media,
semiconductor and technology sectors and global private equity
firms, on:

Skadden’s top-tier labor and employment practice provides
advice and counseling on the use of AI tools and on compliancewith applicable laws covering:- Mergers, acquisitions and strategic investments involving
developers and users of AI.
- Acquisitions by private equity firms of portfolio companies
offering AI-powered tools.
- Joint ventures, strategic alliances and collaborations in theAI space, including for the development of AI technology.
- Divestitures and spin-offs for AI-related technologies andapplications.
Compliance
We help large, global companies create effective ethics andcompliance programs, including advising and training management teams and boards on AI-related policies and procedures.
Skadden also tracks key AI developments at the state, nationaland global levels to ensure our clients’ practices keep pace with
important regulatory changes.
Our work includes:- Advising on legal, regulatory and legislative AI developments,and litigation related to emerging AI threats.

- Recruitment/screening.
- Pay transparency.
- Background checks.
- Collective bargaining.
We also draft workplace policies in connection with the use of AI.
Litigation
Skadden’s Litigation Group, recognized as best in class, handles
disputes involving cutting-edge legal issues in new andunsettled areas of the law. We represent and advise clients on
matters across the expanding digital technology space, includingin the area of artificial intelligence, where we have developed
enterprise-wide AI-related enforcement strategies for a numberof companies. We also advise clients on the litigation risks anddiscovery-related implications of AI adoption, and our antitrust
team has substantial experience in the nascent area of algorithmic pricing litigation.
Other Areas
Our global team provides integrated advice in many other areas
relevant to the functioning of businesses with AI issues, including tax, executive compensation and benefits and antitrust/competition.

- Developing AI regulatory watch programs highlighting key
global legal and regulatory developments.

4 Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates‘One-Stop Shop’
Global Platform,
Global Reach
Core TeamCHICAGOWASHINGTON, D.C.

WilliamRidgway

David
Simon

MichaelLeiterJoshuaSilverstein

LONDONTOKYO

NicolaKerr-Shaw

Akira
Kumaki

FRANKFURT

SusanneWerry

NEW YORK

Resa
Schlossberg

PALO ALTO

Ken
Kumayama

StuartLevi

PramodeChiruvolu

HONG KONG

Steve
Kwok

Lisa
Zivkovic

Deep Transactional, Regulatory and Litigation Bench
Corporate / M&A

KentonKing

Health Care / Life Sciences

Christopher
Bors

Maya
Florence

KarenLent

Labor & Employment

Blair
Thetford

SimonTomsDavidSchwartz

Antitrust / Competition

Annie
Villanueva Jeffers

MichaelMenitove

Executive Comp. & Benefits

Page
Griffin

JoesephYaffe

5 Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates

Financial Institutions Regulatory

Azad
Ali

Litigation

Tansy
Woan

JordanFeirman

Zachary
FaigenAI Workstream
Highlights

Developing enterprise-wide AI
strategies, including with respect tolicensing and enforcement issues.

Developing and drafting enterprisewide AI policies, as well as tailoredpolicies for specific company
departments (e.g., engineeringdepartments).

Negotiating enterprise AI
agreements, including with respect
to ownership of fine-tuned models
and outputs of AI systems.

Drafting form language for use
with in-bound and out-boundagreements.

Advising on labor and employment
issues arising from the use of AI.

Advising clients building AI
foundation models with respect
to intercompany services andlicense agreements.

Advising on developing soundand robust governance structures
for AI matters.

Advising on regulatory
developments and assisting withformulating policy positions on AI.

Advising AI tool developers on
IP and licensing approaches.

Advising developers of AI
foundation models on intercompany
agreements with respect to IP,services and tax considerations.

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Experience

While artificial intelligence has only recently captured global attention, ourattorneys have been handling transactions that implicate AI development anddeployment for many years.
Intellectual Property and Technology

Governance− A developer of AI tools for workplace automation inconnection with IP and licensing issues−− A family office that is exploring the development or
fine-tuning of large language models, including withrespect to IP, data privacy, export controls and otherregulatory matters− A global entertainment company in connection with
developing AI policies and intellectual property advice− A global social media platform in the formulation of a
global regulatory strategy regarding AI, negotiation of AI
tool licenses and intellectual property issues relating to
AI generated content− A leading social media platform in the negotiation ofenterprise-wide AI tool licenses− A leading music label in connection with AI transaction
and litigation strategy, including how to protect its own
content from being used without authorization, and how
it can exploit AI tools for its creative offerings− A provider of AI management services to celebrities− A provider of AI models for mobile phones to replace
traditional mobile phone apps
− An AI-as-a-service company that is developing
proprietary hardware, software and other proprietary
technology− An autonomous vehicle software company based in
China regarding various AI-related national security, data
privacy and other regulatory matters− A sports league in connection with AI IP strategy− Several studios and production companies in theiruse of AI in creating film and TV content, including
advice on AI IP strategy

Management teams and boards of global technology
and entertainment companies, sports leagues, retailers
and financial institutions on AI governance, including
on issues related to cybersecurity, privacy, fairness andbias, safety and IP considerations− Companies in a variety of different industries regarding AI
governance matters, such as drafting internal policies toguide internal use of generative AI, including for a digital
beverage wholesaler, a cosmetics company and asatellite company− Several studios and production companies in theiruse of AI in creating film and TV content, including
advice on AI governance− A large retail company on AI governance, policies andprocedures relating to its use of AI facial recognition
technologies and engagement with state and federal
regulators− A leading biotech and drug discovery company inconnection with building its AI governance program
designed to address the novel use of generative AI withrespect to a range of more or less sensitive data in atech-forward yet privacy- and cybersecurity-compliant
manner− A leading financial technology company in thedevelopment of AI usage policies and strategy− A leading global fintech company on AI governanceand product counseling in relation to the EU AI Act, EU
AI liability directive, U.K. and EU GDPR, and EU Digital
Operational Resiliency Act (DORA)− A leading industrial real estate and logistics company
on AI-governance frameworks and novel privacy andcybersecurity considerations for the use of generative AI
in the property-tech space

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Experience
Continued− A leading social media platform in connection withthe review of user-facing policies relating to AI featuresof photo and video application− A global brand in connection with establishing policies
for AI usage and deployment of an AI-based customer
service tool
− A pioneering maritime AI company offering acomprehensive platform for risk management andmaritime domain awareness regarding its current
and upcoming AI regulatory obligations and/or bestpractices, particularly as they relate to its federal agency
customers− A sports league in connection with AI governance− A top-five frontier AI company on a range of matters,
including cybersecurity, surveillance and privacy law;sensitive government investigations involving AI model
design, development and security; and insider threat
programs− A top-five frontier AI company on compliancewith upcoming AI laws, in particular with respect topreparing for compliance with the EU AI Act and other
AI regulatory developments in the EU, U.K. and U.S.
− A top-three self-driving car company on novel privacy
and cybersecurity legal compliance considerations
related to autonomous driving technology in key
jurisdictions across the world− An autonomous vehicle company in connection withan AI strategic review− Global automakers and suppliers of internetconnected products — such as semi-autonomousand fully autonomous cars, implanted medicaldevices, home products, mobile devices andtelecommunications devices — on AI and related
cybersecurity risk management

Corporate Transactions− Advantest America, Inc. in its collaboration with PDF
Solutions, Inc.
− Ansys, Inc. in its $35 billion sale to Synopsys, Inc.
−Dell Technologies Inc. in its $4 billion sale of Boomi toFrancisco Partners and TPG−F5 Networks, Inc. in its $1 billion acquisition of Shape
Security, Inc. and its $500 million acquisition of Volterra− Google Inc. in its acquisition of API.AI−− Juniper Networks, Inc. in its sale to Hewlett Packard
Enterprise at an equity value of approximately$14 billion−Netflix in its acquisition of Scanline VFX−

Nilfisk Holding A/S in its collaboration with Brain
Corporation to develop AI technology for autonomous
industrial vehicles−Permira Funds in several transactions, including theacquisition and subsequent $1.1 billion sale of its
portfolio company Renaissance Learning to Hellman &Friedman; and its significant investment in Curriculum
Associates from Berkshire Partners−Proofpoint in its $12.3 billion sale to Thoma Bravo

Cybersecurity and Data Privacy− Fortune 500 companies on preparedness for andresponses to AI-related cyber incidents and thedevelopment and facilitation of AI tabletop exercises−Leading global cybersecurity tech companies on thedevelopment of AI-enabled cyber defense products andservices

Intel Corporation in its $15.3 billion acquisition ofMobileye, N.V.

− Splunk Inc. in its $28 billion acquisition by Cisco
Systems, Inc.
− Spotify Technology S.A. in its acquisition of Sonantic
Limited, an AI voice platform

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Experience
Continued− Stryker Corporation in its $3 billion acquisitionof Vocera Communications, Inc. and its $4 billion
acquisition of Wright Medical Group− A technology company in connection with EEO
compliance issues involved with an AI solution it
developed for recruitment purposes− The Sage Group plc in its acquisition of certain assetsof Allocate, Inc., its acquisition of Startup Compass Inc.,
its $850 million acquisition of Intacct Corporation and its
acquisition of Budgeta Inc.

− A hotel operator in connection with litigation alleging
anticompetitive conduct through use of algorithmic
pricing− Tulco, LLC in its $400 million sale of its AI insurance
business to Acrisure, LLC− A technology company in connection with tax advice
regarding developing AI-based data analytics solutions for
tax authorities− Visa Inc. in its proposed but terminated $5.3 billion
acquisition of Plaid Inc.

− An AI developer in connection with CFIUS and export
controls matters− A financial technology company in connection with
its acquisition of a B2C technology company that usesAI-powered platforms to predict consumer behavior− A leading social media platform in the acquisition ofan AI music generation technology

Additional Experience− The Carlyle Group and its portfolio company Veritas
Technologies in the antitrust and national security
aspects of the $7 billion sale of Veritas’ data protection
business to Cohesity, Inc. to create an AI-powered data
security and management company− Automobile manufacturers and self-driving carcompanies on legal, regulatory and legislative AI
developments, and litigation related to emerging AIthreats− A leading global financial services company in aninternal investigation involving an employee’s alleged
misuse of generative AI technologies

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The Americas
BostonChicagoHoustonLos Angeles
New York
Palo AltoSão PauloTorontoWashington, D.C.
Wilmington

EuropeBrussels
Frankfurt
LondonMunichParis

Asia PacificBeijingHong Kong
Seoul
ShanghaiSingaporeTokyo

Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates