Thomson Reuters is preparing to deploy a proprietary artificial intelligence model designed specifically for legal professionals, marking a significant shift toward in-house technology development.
The company announced the rollout after internal experiments demonstrated that its custom model performs competitively against leading products from frontier AI labs.
The announcement comes on the heels of a robust second-quarter financial report, where Thomson Reuters posted a 9% rise in revenue.
This strategic move underscores the firm's commitment to integrating advanced AI capabilities directly into its professional services offerings, rather than relying solely on third-party solutions.
The announcement comes on the heels of a robust second-quarter financial report, where Thomson Reuters posted a 9% rise in revenue.
Growth was primarily driven by its three largest business units: legal, corporates, and tax and accounting.
The simultaneous release of strong financial results and a major product innovation signals confidence in the company's ability to monetize AI within its existing client base.