
PwC built AIDA (AI-driven annotation), a solution on AWS that extracts structured insights from contracts using LLMs (large language models—AI systems that understand and generate text) combined with rule-based extraction and natural language queries. In customer implementations, AIDA has helped reduce manual contract review time by up to 90%.
AIDA provides three core capabilities: template-based extraction using user-defined rules, document-level chat where users ask natural language questions about individual contracts, and global chat across multiple documents with context-specific answers linked to source citations. The solution processes contracts asynchronously across Amazon ECS using AWS Fargate and uses Retrieval Augmented Generation (RAG) to ground model responses in the underlying contract text.
In the Media & Entertainment sector, one major film and TV studio used AIDA to extract and analyze rights information from license agreements and reduced rights research time by 90%. AIDA can support contract analysis across industries including Real Estate and functions like Procurement, Legal, and Compliance.
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
The Consumer Affairs Agency said Tuesday it will use generative AI to analyze about 900,000 annual consultatio…

The Supreme Court of Japan has included about ¥60 million in its fiscal 2027 budget request for AI-related exp…

OpenAI announced its support for California Senate Bill 1119, which aims to establish strong, age-appropriate…

Bank of England governor Andrew Bailey warned that advanced AI poses risks to financial infrastructure in a le…
Andrew Bailey, head of the world's financial stability watchdog, warned in a letter to G20 finance ministers a…

The European Union is expanding regulation of ChatGPT and will mandate protections for minors
