Dow Jones announces GenAI content licensing
agreements with thousands of sources worldwide
NEW
YORK, Nov. 13, 2024 /PRNewswire/ -- Dow Jones
today announced the launch of Factiva Smart Summary, a new feature
in its business intelligence platform, as the company continues to
infuse generative AI (GenAI) into its professional product suite.
The move heralds a new era for Factiva, transforming it into a
world-class, AI-powered research tool for businesses.
Through Factiva Smart Summary, new GenAI capabilities enable
corporations to retrieve concise, informative summaries that
streamline research and decision-making. The outputs are fully
transparent and traceable, drawing on thousands of trusted news
sources that Dow Jones has licensed for specific GenAI uses.
As part of its commitment to the responsible use of AI, Dow
Jones is building the world's premiere collection of full-text news
articles permissioned for use with GenAI tools and applications,
with licensing agreements spanning nearly 4,000 sources, 160+
countries and 29 languages–including The Associated Press, AWP
Finanznachrichten AG, News Corp Australia, News UK and The
Washington Post alongside Dow Jones's leading news brands The Wall
Street Journal, Barron's, MarketWatch, Investor's Business Daily,
Financial News, Private Equity News and Dow Jones Newswires.
"This launch of Factiva Smart Summary harnesses recent
advancements in GenAI technology to deliver reliable insights for
decision-making, while upholding journalistic integrity," said
Almar Latour, CEO of Dow
Jones and Publisher of The Wall Street Journal. "As a leader in
business intelligence, we're dedicated to building responsibly and
safeguarding publisher value."
"For over 25 years, Factiva has connected businesses with
trusted, copyright-compliant content. As generative AI ushers in a
new era for media organizations, we're putting authenticity first,"
said Traci Mabrey, General
Manager, Factiva. "We believe transparency and fair compensation
are essential to building a healthy media landscape—one where AI
strengthens, not undermines, our industry."
Factiva Smart Summary, engineered with Google's Gemini models on
Google Cloud, joins Dow Jones's growing suite of AI-powered
products designed to enhance and streamline decision-making. This
initiative is the latest in a series of GenAI partnerships as Dow
Jones continues to roll out this new technology throughout the
company and to the benefit of its customers and readers. Recent
developments include:
- Factiva Feed for GenAI and Dow Jones Newswires GenAI
Feed which provide enterprises and financial firms with
licensed, copyright-compliant full-text content to power custom
generative AI applications such as chatbots, article and portfolio
summarization, newsletter creation and research efficiency.
- Dow Jones Integrity Check, an automated research
platform that harnesses leading-edge generative and entity
resolution AI technologies from Xapien, enabling organizations to
build an investigative due diligence report on companies and
individuals in as little as five minutes.
- RiskCenter Advanced Screening and Monitoring (ASAM),
powered by natural language processing technology from Ripjar,
enables faster, more efficient high-volume screening for financial
crime and third-party risk management.
"Dow Jones's use of Google's Gemini models on Google Cloud to
power GenAI search summaries marks a significant step towards
leveraging the technology to enhance information access and
analysis," said Michael Clark, President, North America,
Google Cloud. "By combining our models with the extensive Factiva
content set, we're showcasing how GenAI can be a powerful tool for
growth for the media industry."
Factiva Smart Summary is now available to all subscribers
starting today. For more information please visit
www.Factiva.com.
About Dow Jones
Dow Jones is a global provider of news
and business information, delivering content to consumers and
organizations around the world across multiple formats, including
print, digital, mobile and live events. Dow Jones has produced
unrivaled quality content for more than 130 years and today has one
of the world's largest news-gathering operations globally. It is
home to leading publications and products including the flagship
Wall Street Journal, America's largest newspaper by paid
circulation; Barron's, MarketWatch, Mansion Global, Financial News,
Investor's Business Daily, Factiva, Dow Jones Risk &
Compliance, Dow Jones Newswires, OPIS and Chemical Market
Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA;
ASX: NWS, NWSLV).
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SOURCE Dow Jones & Company, Inc.