- LexisNexis introduces Nexis+ AI, tailored for corporate research needs.
- Utilizes over 700 hours of customer insights to enhance functionality.
- Features include research, intelligence, and document summarization.
- Partnerships with 20,000+ licensed titles, integrating generative AI tools.
- Addresses IP concerns with extensive content licensing agreements.
- Enables rapid data analysis, entity extraction, and intelligence report creation.
Main AI News:
LexisNexis has unveiled Nexis+ AI, a new tool designed specifically for corporate research needs. Unlike its counterpart in legal research, Nexis+ AI leverages advanced generative AI capabilities to enhance business insights and efficiency. Drawing from over 700 hours of customer interviews, this platform is tailored to modern corporate demands.
According to company statements, Nexis+ AI integrates powerful research, intelligence, and document summarization features. This allows corporations to effortlessly access accurate information, gain competitive advantages, and streamline operations. The platform utilizes a vast portfolio of licensed titles, including partnerships with major publishers like The Associated Press, Gannett, and Benzinga.
Furthermore, Nexis+ AI addresses growing concerns over copyright and intellectual property by forging extensive licensing agreements with content providers. This ensures contextually relevant insights while mitigating risks associated with AI-generated content.
Key functionalities of Nexis+ AI include rapid research and analysis of business, financial, and legal data, document summarization, entity extraction, content organization, and intelligence report generation. It empowers users to derive actionable insights swiftly and with precision, enhancing decision-making across various industries.
Todd Larsen, President of Nexis Solutions, emphasized the platform’s role in meeting the demand for deeper insights amidst vast data volumes. He highlighted Nexis+ AI’s ability to expedite data-intensive research, supporting strategic decision-making processes across corporate environments.
This innovation underscores the versatility of LLM technologies beyond legal applications, demonstrating their value in enhancing business intelligence and operational efficiency across sectors.
Conclusion:
The launch of Nexis+ AI by LexisNexis marks a significant advancement in corporate research capabilities. By leveraging extensive customer insights and partnerships with major publishers, the platform not only streamlines access to accurate information but also mitigates risks associated with AI-generated content. This innovation sets a new standard for enhancing business intelligence across industries, supporting faster and more informed decision-making processes.
