Lowenstein Sandler's latest alternative data report reads like the compliance memo every data licensing desk has been waiting for: AI training demand is now a bigger growth driver than the usual hedge fund alpha-seekers. For buy-side sourcing teams, that shift means more competition for the same scraped and permissioned datasets, and probably more scrutiny on provenance and licensing terms during trials.
Worth a read if you're negotiating renewals this year — the legal risk conversation is changing faster than the commercial one.
Alternative Data Poised for More Growth in the Age of AI: The 2024 Lowenstein Sandler Alternative Data Report