ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

LexisNexis and OpenAI Announce Plan to Deliver Custom AI Technology for Legal Professionals

NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- LexisNexis® Legal & Professional, a leading global provider of AI-powered analytics and decision tools, and OpenAI, today announced their plan to deploy OpenAI’s APIs and fine-tuned models across the LexisNexis ecosystem of products like the Lexis+ AI® legal workflow solution and LexisNexis Protégépersonalized AI assistant that intelligently powers productivity, drives next-level work quality, and enables legal and business professionals to unlock economic value.

With the highest levels of enterprise security, compliance, and privacy, LexisNexis will directly leverage OpenAI's latest models and jointly develop fined-tuned models for sophisticated legal workflows that depend on generative AI technology for enhanced “chain of thought” reasoning. As part of the company’s multi-model approach that selects the best AI model for each legal task, including custom LLMs, LexisNexis has leveraged OpenAI models in its products since 2022. This new collaboration enables LexisNexis to deploy the latest OpenAI models based on its cutting-edge research to best address the customer use case for personalized and highest-quality legal AI.

“At LexisNexis, we are dedicated to delivering high-quality, highly personalized AI innovation for legal and business professionals to achieve faster, enhanced outcomes,” stated Jeff Reihl, EVP and Chief Technology Officer at LexisNexis Legal & Professional. “As leaders in customer-focused legal AI, we prioritize selecting top-performing models and developing custom models for customers’ complex workflows and quickly integrating those models into our products. Our direct collaboration with OpenAI allows us to accelerate this innovation.”

“We're thrilled to use our most advanced AI models to power new use cases that accelerate productivity, help gather legal insights faster, and simplify complex workflows for thousands of customers on LexisNexis’ platform,” said Brad Lightcap, Chief Operating Officer at OpenAI.

Additionally, as part of the agreement, LexisNexis global teams will expedite their own productivity benefits, including accelerating innovation to address customers’ core needs, via ChatGPT Enterprise.  

The LexisNexis global technology platform seamlessly integrates each wave of AI innovation, including extractive AI, which finds relevant results within data and provides deep insights; generative AI, which excels at creating new content from data based on user-entered prompts or instruction; and agentic AI, which can intelligently and independently perform tasks on a user’s behalf. Because LexisNexis can swiftly deliver innovative, trusted tools, customers realize improved outcomes and tangible value faster. 

For more information on the latest AI-powered offerings from LexisNexis, visit www.lexisnexis.com/ai.

About LexisNexis AI Development 

LexisNexis customer-driven AI innovation focuses on analytics and decision tools that solve complex problems and enhance value. The company responsibly develops safe AI solutions with human oversight, backed by advanced encryption and privacy technology. Its global technology platform seamlessly integrates extractive, generative, and agentic AI within a scalable, multi-cloud infrastructure to drive rapid innovation and continuously improve answer quality, accuracy, and speed. A proprietary Retrieval Augmented Generation (RAG) platform grounds large language model (LLM) answers in a comprehensive repository of trusted legal content and metadata, delivering high-quality answers and validated citations. Its multi-model approach selects the best AI model for each use case, and model fine tuning ensures high performance of domain-specific, personalized LLMs, supported by partners AWS, Anthropic, Microsoft, Mistral, and OpenAI. The company employs over 2,000 technologists, data scientists, and experts to develop, test, and validate solutions in line with RELX Responsible AI Principles.

About LexisNexis Legal & Professional 

LexisNexis® Legal & Professional provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,800 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. 


Dana Greenstein 
Director of Communications, North America & UK 
LexisNexis Legal & Professional 
212-448-2163 
dana.greenstein@lexisnexis.com

Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  222.54
+0.00 (0.00%)
AAPL  274.11
+0.00 (0.00%)
AMD  207.58
+0.00 (0.00%)
BAC  55.33
+0.00 (0.00%)
GOOG  309.32
+0.00 (0.00%)
META  647.51
+0.00 (0.00%)
MSFT  474.82
+0.00 (0.00%)
NVDA  176.29
+0.00 (0.00%)
ORCL  184.92
+0.00 (0.00%)
TSLA  475.31
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.