Artificial Intelligence (AI) at Datasite

Yes. AI is a broad term for functionality designed to make human-like decisions based on data and predefined rules. For instance, one of our AI tools analyzes various data points within a document to suggest how the document should be categorized, a task that would require specific instructions in regular computing.

AI takes many different forms, including Generative AI. Generative AI has the unique capability to create new content, thereby expanding beyond the limitations of traditional AI. For instance, we have a Generative AI tool that provides summaries or explanations of documents in Datasite Diligence and Acquire. While both AI and Generative AI are integral to operations at Datasite, they differ in their levels of autonomy and creativity.

Your deal information is not used to train external AI models.

Your deal information is kept secure on Datasite through a comprehensive system of controls that prioritizes data privacy and security, including:

• Ensuring documents and materials are not maintained beyond the lifespan of the project.
• Anonymizing training attributes thoroughly by transformed coding that cannot be reassembled, thereby maintaining the utmost privacy.
• Limiting interaction details to specific instances and using reinforcement data solely for the project from which it was gathered, all while ensuring no attributable data is shared outside of a user's project.

As a customer, you retain all Intellectual Property Rights in the materials you provide to us. This includes all documents, materials, and information that you or any of your users provide to Datasite in conjunction with our services. It is your responsibility to ensure the accuracy, quality, legality, integrity, and appropriateness of all these materials.

Customer documents and materials are owned by the customer. Datasite owns the technology and is licensed by its customers to use anonymized and aggregated data. The anonymized and aggregated data does not include deal information and cannot be reassembled, thereby maintaining the utmost security.

Project documents and materials are permanently deleted using secure deletion protocols. Any retained anonymized and aggregated data is technically and procedurally designed to be untraceable back to its original source, with multiple layers of security controls ensuring confidentiality. The residual data is used only for product development. All the software used during this process follows the same high security and compliance standards as the rest of the Datasite platform.