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LexisNexis Launches Data+ API For AI Training

Dec 09, 2024 - artificiallawyer.com
LexisNexis has launched Nexis Data+, a new API that offers direct access to a vast repository of high-quality, trusted data. This service is designed to support AI model training and various applications, including generative AI, natural language processing, event and risk modeling, pattern discovery, and predictive analytics. Nexis Data+ allows firms and in-house teams to integrate AI-enriched corporate, legal, financial, and compliance data, along with licensed news content, into their existing tools and workflows to enhance decision-making and analysis.

The API connects to over 23,000 licensed publications, including major news sources like The Associated Press and Business Insider, and provides access to diverse data types such as legal, compliance, and financial data. Dani McCormick, Vice President of Product at Nexis Solutions, emphasized that Nexis Data+ simplifies the integration of business data and AI-ready content, enabling organizations to gain better insights for critical business decisions. The platform aims to be a reliable source for companies implementing AI and GenAI initiatives.

Key takeaways:

  • LexisNexis has launched Nexis Data+, offering direct access to a vast repository of high-quality data through a single API.
  • Nexis Data+ supports AI model training and applications such as natural language processing, event prediction, and risk modeling.
  • The API allows integration of AI-enriched corporate, legal, financial, and compliance data into existing tools and workflows.
  • Nexis Data+ connects to over 23,000 licensed publications, providing access to diverse data types including legal, compliance, and financial data.
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