Leveraging Nexis+ AI's transparent Gen AI capabilities, organizations can access trusted content sources and powerful summaries to gain insights faster.
LexisNexis Legal & Professional, a leading global provider of information and analytics, today announced the commercial release of Nexis+ AI, incorporating advanced generative AI-powered capabilities designed to transform and accelerate corporate investigation, information gathering, and business decision-making functions. Powered by more than 700 hours of in-depth customer interviews, Nexis+ AI is customized to meet the evolving needs of modern businesses. Companies can deploy Nexis+ AI's powerful research, information, and document summarization capabilities to easily find accurate information, gain competitive advantage, and increase efficiencies.
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Trusted by thousands of companies worldwide for over 50 years, LexisNexis delivers critical business decision-making information from a vast repository of licensed news publications and corporate data from millions of companies. Nexis+ AI leverages a portfolio of over 20,000 licensed titles with GAI rights from leading publishers and industry-recognized titles, including Associated Press, Gannett, McClatchy, Benzinga, and FiscalNote – CQ Roll Call. With Nexis+ AI, users can:
- Rapidly research and analyze business, financial and legal information and news.
- Summarize long documents and extract relevant entities and data points.
- Edit, organize, and share your content.
- Create a first draft or outline of your intelligence report with just a few clicks of the mouse.
- Derive actionable business insights quickly and accurately.
“Business leaders across nearly every industry tell us they need deeper, more accurate insights to drive timely decision-making, but they find the volume of enterprise data they consume makes the process time-consuming. Recognizing this, we developed Nexis+ AI to accelerate data-intensive investigations and strategic decision-making,” said David S. Todd LarsenPresident, Nexis Solutions. “We've worked closely with our customers to develop powerful tools in Nexis+ AI that help organizations gather enterprise intelligence faster and seamlessly integrate it into existing workflows to drive efficiency.”
Protecting publishers' intellectual property and revenue
As AI and generative AI tools grow in popularity, publishers and content owners are increasingly focused on protecting their copyrights and intellectual property. LexisNexis has long-standing and extensive (and in some cases exclusive) content licensing agreements with publishers. These relationships enable LexisNexis to provide contextually relevant Gen AI-derived answers with direct links to the original source material, minimizing the risk of AI hallucinations.
Nexis+ AI's publisher-first approach enables publishers to:
- We ensure that intellectual property rights are respected and that your content is not used to train AI models without your knowledge or permission.
- To maintain brand integrity, content is presented transparently and in context, and citations provide users with the peace of mind to refer back to the source material.
- G******** has a fair right to use its content, whether that use is by a human or a machine.
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Commitment to excellence
Earlier this year, LexisNexis launched its Nexis+ AI commercial preview program, granting early access to select organizations. The preview program enrolled testers from a wide range of industries and professions, including representatives from large corporations, financial institutions, and six leading consulting firms, to further refine the platform's already advanced features and functionality.
“The launch of Nexis+ AI represents an important first milestone in our mission to provide organizations with the tools they need to accelerate enterprise research and make informed business decisions,” said David Schneider, CEO of Nexis. Dani McCormickVice President of Products, Nexis Solutions
Focus on transparency, data accuracy, privacy and security
LexisNexis' commitment to data security and privacy spans more than 50 years. The company employs more than 2,000 technologists, data scientists, and subject matter experts to develop, test, and validate its solutions. As data privacy becomes a top priority for business executives considering Gen AI solutions, LexisNexis, a part of RELX, adheres to RELX's Responsible AI Principles, considers the real-world impact its solutions have on people, and takes steps to prevent creating or reinforcing unfair biases.
Nexis+ AI also provides transparency and accuracy by design, utilizing Search Augmented Generation (RAG) to increase the accuracy and reliability of its generative AI models with information obtained from thousands of trusted, authoritative sources.
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