Dow Jones unveils AI-driven Factiva Smart Summary
Dow Jones recently announced the launch of Factiva Smart Summary, a cutting-edge AI-enhanced feature integrated into its business intelligence platform. This innovative tool is specifically designed to assist businesses by providing them with concise summaries to streamline their research and decision-making processes.
Factiva Smart Summary leverages generative AI capabilities, offering corporations access to brief and informative summaries while ensuring transparency and traceability. This functionality taps into a vast pool of trusted news sources that have been licensed for generative AI usage.
Partnerships and Coverage
Dow Jones has established licensing agreements with nearly 4,000 sources spanning across 160 countries and available in 29 languages. These partnerships include renowned names such as The Associated Press, AWP Finanznachrichten AG, News Corp Australia, News UK, The Washington Post, and Dow Jones's own news brands like The Wall Street Journal, Barron's, and MarketWatch.
Industry Leaders' Perspectives
Dow Jones recently announced the launch of Factiva Smart Summary, a cutting-edge AI-enhanced feature integrated into its business intelligence platform. This innovative tool is specifically designed to assist businesses by providing them with concise summaries to streamline their research and decision-making processes.
Almar Latour, Chief Executive Officer of Dow Jones and Publisher of The Wall Street Journal, expressed his enthusiasm about the launch, emphasizing how Factiva Smart Summary utilizes cutting-edge GenAI technology to provide reliable insights for decision-making while maintaining journalistic integrity.
Traci Mabrey, General Manager of Factiva, highlighted the platform's commitment to quality content, emphasizing the importance of authenticity and fair compensation in today's media landscape.
Technology and Collaboration
Factiva Smart Summary is powered by Google's Gemini models on Google Cloud, showcasing Dow Jones's integration of AI capabilities within its service offerings. This includes Factiva Feed for GenAI, Dow Jones Newswires GenAI Feed, Dow Jones Integrity Check, and RiskCenter Advanced Screening and Monitoring.
Michael Clark, President, North America, at Google Cloud, commended the collaboration, underscoring the significance of leveraging technology to enhance information access and analysis within the media industry.
