LegalZoom formed AI partnerships with Perplexity and OpenAI, driving user growth and prompting Bank of America to upgrade its stock.
1 report, 1 independent
Updated Aug 8
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
LegalZoom formed AI partnerships with Perplexity and OpenAI, driving user growth and prompting Bank of America to upgrade its stock.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- LegalZoom, led by CEO Jeff Stibel, is leveraging LegalZoom resources within a ChatGPT agent using OpenAI's collaboration.Sub-event
LegalZoom expands AI partnerships with Perplexity and OpenAI, leading to positive market sentiment from BofA.1 source
Keep exploring
The entities involved
-
Perplexity
chatbot search engine
Nothing else this week.
-
OpenAI
American artificial intelligence research organization
-
Bank of America
American multinational banking and financial services corporation
-
LegalZoom
American legal technology company
Nothing else this week.
Related events
- Microsoft AI is testing its models with Meta and DeepSeek, joining Google and OpenAI in AI claims.
- OpenAI models are now available on Google Cloud, expanding the distribution of AI models across major cloud providers.
- OpenAI and Google are facing copyright lawsuits regarding AI training data, with the practice leading to economic harm to the news industry.
- Commercial agreements regarding AI usage and news bargaining incentives are underway, involving News Corporation, OpenAI, Meta, and the Albanese government.
- AI companies, including OpenAI and Meta, operate across the US and Australia.
Coverage
Newest first; wire copies grouped- Investing.comLegalZoom jumps after BofA upgrades stock on AI boost Investing.com -- Bank of America raised its rating on LegalZoom to Buy from Underperform on improving subscription trends and new AI partnerships