Turunc has advised Bogazici Ventures on its investment in GameChanger Worldwide.
Essential Infrastructure for Artificial Intelligence: Data Centres
The world of data centres is evolving at an unprecedented pace, driven by the ever-increasing demand for AI solutions. At the same time, sustainability challenges, energy efficiency and security of supply are becoming increasingly in focus due to the significant energy demands of data centres. The growth potential of the sector remains attractive, with 70% of investors expecting further growth over the next two years, according to a recent international report* by DLA Piper.
TGS Baltic Advises Ready Player Me on NFT Collections Launch
TGS Baltic has advised Ready Player Me on the launch of two NFT collections – Collection ZERO and STEPN × PlayerZero.
Nearly EUR 6 Billion in Fines Since the GDPR
In 2024, EU data protection authorities imposed a total of EUR 1.2 billion in fines. This brings the total value of fines to EUR 5.88 billion since the GDPR became applicable, DLA Piper's latest report reveals.* The technology sector has been hit the hardest, with data protection focusing on managerial responsibility and privacy issues in AI tools.
EU Artificial Intelligence Act and Its Impact on Non-EU Entities
Last year, a new regulation on artificial intelligence (“AI Act”) was published in the Official Journal of the European Union. This new AI Act lays down legal framework for the development, placing on the market, putting into service and use of artificial intelligence systems (“AI systems”) in the EU, in order to, inter alia, promote the uptake of human centric and trustworthy artificial intelligence, protect against harmful effects of AI systems and to support innovation.
Filip & Company Advises eMAG and HeyBlu on Acquisition of Orange Money IFN
Filip & Company has advised Dante International and HeyBlu IFN on the acquisition of Orange Money IFN.
Akol Law Advises Kaspi.kz on Acquisition of 65.41% Stake in Hepsiburada
Akol has advised Kaspi.kz on its acquisition of a 65.41% stake in Hepsiburada for USD 1.127 billion.