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Mike Lynch-backed legal AI startup valued at $100 million

Bloomberg Luminance Technologies Ltd., a UK company that sells artificial intelligence (AI) software that helps lawyers review documents and conduct due diligence, has been valued at $100 million in its latest funding round. The company said it got $10 million from existing investors, including venture capital firms Invoke Capital and Talis Capital, as well as the law firm Slaughter and ...

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Boeing’s Max 7 jet faces new doubts as key buyer wavers

Bloomberg WestJet Airlines Ltd. is outgrowing its crush on Boeing Co.’s Max 7 jet, adding to concerns about the future of the smallest member of the 737 Max family. The Canadian carrier is switching its focus — and some of its orders — to larger, more fuel-efficient versions of the plane that fit better with its cost-cutting goals, Chief Executive ...

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Ocado could lose entire automated warehouse in fire

Bloomberg One of Ocado Group Plc’s largest UK warehouses is expected to be completely destroyed by a fire, constraining the online grocer’s ability to meet customer demand and cutting sales growth. The blaze hit the 45-million pound ($58 million) automated facility in Andover, England, that manages as many as 70,000 orders a week. Although under control, it caused a collapsed ...

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