Clarivate Buys Alethea, Creates Academia And Government Innovation Incubator

Clarivate PLC CLVT disclosed the plan to create an Academia and Government Innovation Incubator to drive innovation and boost AI expansion

The company has acquired Alethea, an AI-powered students content engagement platform created by Pangea, to focus on recognizing better learning outcomes and student success. 

"Meaningful and critical engagement with academic content sources has always been core to education and research. Today, concerns are rising about students' misuse of tools such as ChatGPT, a practice that can be detrimental to their long-term learning skills. Leveraging Alethea's generative AI expertise, and in close collaboration with our customers, we are committed to advancing teaching, learning and research, within an innovative, trusted, and responsible academic framework," said Oren Beit-Arie, Senior Vice President Strategy & Innovation. 

This month, CLVT launched Forecast, the next-generation artificial intelligence (AI)-driven solution designed to enable intellectual property (IP) professionals to optimize their IP portfolios and strategy efficiently.

Price Action: CLVT shares closed lower by 0.55% at $7.18 on Monday.

Market News and Data brought to you by Benzinga APIs
Posted In: EquitiesMid CapNewsMarketsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!