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HOBOKEN, N.J. - Wiley (NYSE: WLY), a global leader in publishing and education with a market capitalization of $2.4 billion, has announced a partnership with AI company Perplexity to enhance academic research and learning through AI search integration. The company, which boasts a 31-year track record of consistent dividend payments and maintains a "Fair" financial health rating according to InvestingPro, continues to demonstrate its commitment to innovation. This collaboration will provide educational institutions with access to Wiley’s scholarly content via Perplexity’s generative artificial intelligence (GenAI) search capabilities.
The new agreement positions Wiley as Perplexity’s inaugural education partner, forging novel connections between academic resources and AI search technology. Users of Perplexity’s Enterprise Pro, including college students, educators, and researchers, will now be able to access Wiley’s educational collections in fields such as nursing, business, and engineering.
This initiative aims to bolster academic integrity by offering tools for responsible AI usage and incorporating verified, expert-reviewed content into search results. Perplexity’s search engine will provide live web access and content from Wiley collections, complete with sourced citations. While the company faces near-term challenges with an expected sales decline, InvestingPro analysis reveals strong fundamentals, including a healthy gross profit margin of 76% and consistent dividend growth.
Among the early adopters of this technology are Texas A&M and Texas State University, with several UK universities expected to follow suit. Assistant Dean of AI at Texas A&M’s Mays Business School, Arnold Castro, highlighted the partnership’s role in equipping students with AI-ready skills, reflecting a significant shift in preparing future leaders.
Perplexity’s multilingual question-answering capabilities, which cite English-language sources, extend the service’s reach globally, catering to diverse educational institutions.
Josh Jarrett, Wiley’s senior vice president of AI growth, emphasized the joint effort to bring trustworthy publisher content and AI innovation to research and learning environments. Dmitry Shevelenko, Perplexity’s chief business officer, noted the alignment with Gen Z learning preferences and the shared commitment to accurate, sourced information through AI.
Wiley employees will also benefit from the partnership, gaining access to Perplexity’s Enterprise Pro licenses for enterprise use, demonstrating the company’s embrace of AI technologies.
The collaboration is underpinned by Wiley’s core principles of responsible AI use, emphasizing human oversight, transparency, fairness, and governance. This partnership is based on a press release statement and represents a strategic move to integrate trusted research resources with advanced AI search tools. With a current P/E ratio of 57.9x and trading at Fair Value according to InvestingPro analysts, investors can access detailed insights and 8 additional ProTips about Wiley’s investment potential through InvestingPro’s comprehensive research reports, available for over 1,400 US stocks.
In other recent news, John Wiley & Sons reported its first-quarter 2025 earnings, surpassing analyst expectations with earnings per share (EPS) of $0.84, compared to the forecasted $0.65, and revenue reaching $405 million, exceeding the anticipated $401.1 million. This strong performance was driven by growth in Wiley’s research segment, particularly in AI and advanced journals, offsetting declines in its learning division. In addition to its financial achievements, Wiley announced a collaboration with Amazon Web Services to launch an AI-powered literature search tool, enhancing access to comprehensive scientific content. The company also declared a modest increase in its quarterly cash dividend for 2025, marking the 31st consecutive year of dividend growth. Meanwhile, Wiley updated the compensation for its Interim Chief Financial Officer, Christopher Caridi, increasing his annual base salary and performance-based cash bonus eligibility. These developments underscore Wiley’s strategic focus on research, innovation, and financial stability, as noted by firms such as BNP Paribas.
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