Legal
The terms for using labs.graybook.co and sending us a project enquiry.
Draft for legal review. Replace every bracketed item before publishing.
These terms are an agreement between you and Graybook Labs ([legal entity name]), [office address] (“Graybook Labs”, “we”, “us”). By using labs.graybook.co (the “site”) or sending us an enquiry, you agree to them. If you use the site for a company, you agree for that company. If you don’t agree, please don’t use the site. Our privacy policy explains how we handle personal information.
The site describes Graybook Labs and its technology. Nothing on it is investment, trading, financial, legal or tax advice, or a recommendation to buy or sell anything. Vig explains and calculates to help you reason about your own trading; decisions, and the risk, stay with you. Trading futures, options and other leveraged products can lose more than you put in.
The example conversations and trades on the site are made up to show how Vig works. The math in them is real, but they are not about any real account and don’t predict any result.
Language models can be wrong, even when they sound sure. We design our systems to cite sources, compute numbers in code and say when they don’t know, but no model is error-free. Check anything important before you rely on it.
Paid work, including model training, fine-tuning, retrieval systems, NLP pipelines and access to Vig for a firm, is governed by a separate written agreement covering scope, fees, data, ownership of models and outputs, and service levels. If that agreement differs from these terms, it prevails.
Use the site lawfully. Don’t try to get into parts of it you aren’t authorized to use, interfere with how it runs, send malware, overload it, or copy it in bulk with automated tools other than search engines and AI assistants that respect our robots.txt. Don’t use it to send anything unlawful, misleading or that you don’t have the right to send.
The site, its text, design, graphics, code and example scripts, and the Graybook and Vig names and logos belong to Graybook Labs or other Graybook companies, or to their licensors. You may view and share pages for your own, non-commercial use, and link to the site. Any other use needs our written permission.
Names and logos such as Hugging Face, CoreWeave, NVIDIA, Dell, Cisco, Cumulus, Microsoft, Linux, PyTorch, DeepSeek and Megatron-LM belong to their owners. We show them to describe the technology we work with. Their use does not mean those companies endorse, sponsor or partner with Graybook Labs.
The site links to sites we don’t control, including those of Graybook Proprietary Trading, Graybook Technologies and Graybook Ventures. Each Graybook company is a separate business with its own terms, and the Graybook trading platform, where Vig is used, has its own terms of use. We aren’t responsible for other sites, and a link isn’t a recommendation of any product or service.
We try to keep the site accurate and available, but it is provided “as is” and “as available”, without warranties of any kind, to the fullest extent the law allows, including warranties of accuracy, merchantability, fitness for a particular purpose and non-infringement. We don’t promise the site will be uninterrupted, error-free or free of harmful components.
To the fullest extent the law allows, Graybook Labs and its affiliates, employees and agents are not liable for indirect, incidental, special, consequential or punitive damages, or for lost profits, trading losses, data or business opportunities, arising from the site or anything on it, even if told they were possible. Our total liability for any claim about the site is limited to one hundred US dollars. Nothing in these terms limits liability that can’t be limited by law, or your rights under a signed project agreement.
If you break these terms or the law in using the site, you agree to cover the reasonable losses and costs, including legal fees, that Graybook Labs and its affiliates suffer as a result.
These terms are governed by the laws of [the State of New York], without regard to conflict-of-law rules. Any dispute about them will be decided only by the state or federal courts in [New York County, New York], and you and we agree to those courts’ jurisdiction. If any part of these terms can’t be enforced, the rest still applies. If we don’t enforce a term straight away, we can still enforce it later.
We may update these terms. The date at the top shows when they last changed. Using the site after a change means you accept the new terms.
Graybook Labs, [office address] · [labs@graybook.co]