Dow Jones, the parent company to the Wall Street Journal, has quietly built an AI marketplace for publishers to license their content to corporations, reports Sara Fischer of Axios.
Fischer writes, “The initiative, which sits under Dow Jones’ business information and research company Factiva, now has nearly 5,000 publishing partners, up from nearly 4,000 in November and 2,000 six months ago, prior to launch.
“Catch up quick: Factiva has existing relationships with over 30,000 news, data and information sources globally. It leverages that content to provide research and data tools to hundreds of enterprise companies globally.
“It launched a generative AI product called Smart Summary, which allows corporations to create short, informative summaries from a pool of Factiva’s trusted content partners.
“The summaries are fully transparent and traceable, which makes it easy for Factiva to attribute them to its thousands of trusted news publishing partners, and compensate them accordingly.”
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