Ziff Davis, Inc. and Xyla, Inc. have entered into a strategic partnership focused on AI enablement across digital media, software, and information services. The first initiative in the partnership will be to integrate Xyla's Open Evidence technology into Ziff Davis' Everyday Health Group with the mission of turning medical information into medical knowledge for healthcare professionals. Open Evidence was the first medical AI to score above 90% on the US Medical Licensing Examination.

With Open Evidence, healthcare professionals can access and analyze vast amounts of medical information, published research, and clinical trial data, assisting them in making informed clinical decisions to improve patient outcomes. Open Evidence technology will drive enhanced and engagements with healthcare professionals as part of Everyday Health Group's physician-focused MedPageToday, a trusted digital source for clinical news coverage across medical specialties. The Ziff Davis-Xyla partnership has two key elements: Xyla Investment.

Ziff Davis is purchasing $25 million of Xyla equity for a minority ownership stake in the company. A portion of the investment will be funded with cash and a portion of the investment will befunded with Ziff Davis common stock with Xyla leadership exchanging a portion of their Xyla shares for Ziff Davis common stock. Long-Term Collaboration Agreement.

Ziff Davis and Xyla are entering into a long-term collaboration agreement that establishes a framework for the parties to rapidly define, develop, and deploy AI at discrete brands and businesses within the Ziff Davis portfolio. Through this partnership, Xyla will gain access to large audiences and data sets in high-value, domain focused categories across the Ziff Davis portfolio, as well as monetization capabilities. Ziff Davis, in turn, will gain access to Xyla's AI technology and expertise in retrieval-augmented large language models that are capable of generating precise and authoritative content.

Together, the companies will collaborate to transform user experiences and products across Ziff Davis' core verticals.