AI Index / Thomson Reuters Corporation
Thomson Reuters Corporation (TRI)
Global content and technology giant Thomson Reuters has multiple generative AI capabilities, like CoCounsel Drafting and Checkpoint Edge with CoCounsel. Additionally, the Thomson Reuters Ventures fund focuses on emerging technologies like AI, with substantial investments in related start-ups.
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As our Chief Product Officer, David Wong and I will discuss shortly, we are leveraging agentic AI to bring significant new capabilities to our legal and our tax accounting portfolios. These offerings leverage our authoritative content and deep domain expertise to complete complex multistep work, helping our customers increase efficiency and effectiveness.
- Stephen John Hasker
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Quotes from thomson-reuters Executives About Artificial Intelligence and Generative AI
We continue to make good progress executing against our product vision as we work to build AI more deeply into our offerings.
- Stephen John Hasker
In recent months, we have taken an important step forward, introducing a number of agentic AI offerings across our Legal and Tax & Accounting portfolios.
- Stephen John Hasker
Let me start with a few thoughts on agentic AI, which is a key capability driving the new offerings I'll discuss.
- David Wong
Agentic AI systems can complete complex multistep assignments. Our agentic platforms have been in development for more than a year, and we see them as transformational to our ability to serve our professional markets.
- David Wong
In June, we launched CoCounsel for tax, audit and accounting, an agentic AI platform powered by the 2024 acquisition of Materia. CoCounsel for tax automates a growing number of complex multistep tasks, ranging from client file review, to memo drafting, to compliance checks.
- David Wong
Yesterday, we announced a series of exciting new capabilities for our law firm and general counsel customers with the launch of CoCounsel Legal, a next-generation AI offering that combines a new Westlaw experience, Practical Law, CoCounsel Core and CoCounsel Drafting into a single unified solution.
- David Wong
Deep Research, which is integrated into CoCounsel Legal and is also available through the new Westlaw Advantage product, is our latest and largest step change in legal research capabilities.
- David Wong
These new workflows leverage our AI agents to execute multistep tasks scripted by our experts, drawing on Westlaw and Practical Law knowledge.
- David Wong