Clarivate Plc (CLVT) is seeing a positive premarket surge in its share price after launching Primo Research Assistant, a groundbreaking new library discovery solution powered by generative AI. This innovative tool aims to revolutionize the research process for students and researchers alike.
Developed in close collaboration with the library community, Primo Research Assistant provides a seamless and intuitive user experience. It empowers users to find instant answers to their questions by simply using natural language, effectively eliminating the need for complex search queries. The platform leverages the power of Retrieval Augmented Generation (RAG) architecture, which is combined with the extensive Ex Libris Central Discovery Index (CDI). This index boasts over 5 billion records from numerous sources, ensuring that users have access to a vast and diverse pool of information.
Yariv Kursh, Senior Vice President at Ex Libris, a subsidiary of Clarivate, highlighted the importance of responsible AI integration: “Primo Research Assistant harnesses responsible academic AI to ensure that students and researchers have access to reliable and trustworthy sources, helping to nurture their curiosity and confidence to push the boundaries of knowledge.” He added that “By partnering with the community, Clarivate is committed to responsibly applying AI, identifying where AI brings most value and developing best practices.”
Primo Research Assistant is a valuable addition to the Primo Discovery solution. This AI-powered tool complements Clarivate’s existing offerings, like the Web of Science Research Assistant, which was also launched this month. The Web of Science Research Assistant leverages 120 years of data from the Web of Science Core Collection, helping researchers quickly locate key papers, manage complex tasks, and visualize connections.
As of the last premarket check, CLVT shares were up 1.05% at $6.71. This positive market reaction underscores the potential of Clarivate’s AI-powered solutions to transform the future of research and information discovery.
