Top story
UK and Irish law firms are reconsidering hourly billing as AI takes on routine work
CNBC, citing Clio's survey of legal professionals, says about one in five firms with widespread AI use struggle to meet billable-hour targets. In CNBC's interviews, lawyers and legal-tech executives said faster drafting also changes how junior lawyers learn to review documents and develop judgment.
Why it mattersFirms may need to change both how they price routine work and how they train new lawyers.
Also
Follow-up to Oct 9: Firmus's planned capacity dwarfed its completed sites
Per Bloomberg's reporting carried by the Taipei Times, investor documents put 46 megawatts of Firmus's 912-megawatt pipeline as built and its 2026 financial-year revenue at $51 million when its planned IPO collapsed.
Why it mattersThe gap helps explain investor resistance to a proposed $30 billion valuation.
Tools & releases
Cloudflare releases Clef-omni for audio and video decisions
The open-weight model scores predefined answers from text, images, audio and video; Cloudflare also cut hosted Clef-flash's input price to $0.038 per million tokens and reduced its context window to 24,000 tokens.
Why it mattersDevelopers can score mixed-media inputs in one call instead of running separate transcription and image-processing steps.