Adobe Acrobat AI Assistant Being Upgraded With a Contract Intelligence Feature c3wi

released a paper about the SlimLM AI model that can function entirely within a smartphone and process documents.

Adobe Acrobat Introduces AI-Powered Contract Intelligence 3h20a

In a blog post, the San Jose-based tech giant detailed the new feature for Acrobat's AI assistant. The company said it developed the new tool on the basis of the from the Adobe Acrobat Contract AI survey. The survey was conducted in January in partnership with research firm Advanis and included 1020 US-based consumers, 274 small business owners, 286 knowledge workers, and 202 technology leaders.

The tech giant found that as many as 70 percent of consumers in the US itted to not reading a contract before g it. Similar sentiments were shared by 62 percent of the small business owners, 61 percent of the surveyed knowledge workers and 63 percent of the technology leaders.

Adobe stated that the new Contract Intelligence feature within the Acrobat AI assistant solves this problem by improving the process of navigating through the information in contracts. With this, whenever a opens a contract in Acrobat, the AI chatbot will automatically identify it as such. This will also work for scanned documents.

Once recognised, the AI assistant will generate a contract overview and surface key and clauses in a single click. The AI will also summarise and simplify the contract language for ease of understanding and readability. Additionally, the feature will also recommend questions specific to the document to help the gain additional information.

Contract Intelligence also adds clickable citations next to the generated summaries and responses. s can click on the citations to find the source of the information to the AI-generated outputs. Additionally, the feature also allows s to compare and look for differences between versions of up to 10 contracts. This also s scanned documents.

This feature is now available with the Acrobat AI Assistant add-on for both paid and free s. The feature is being added to the desktop app, web client, as well as mobile apps. It only s the English language currently. Notably, the Acrobat AI Assistant add-on is priced at Rs. 398 a month.