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1. • $100 million

     • Thomson Reuters is at the forefront of the AI movement, and we have demonstrated our commitment through the annual investment of more than $100 million in AI," said Steve Hasker, president and CEO, Thomson Reuters.
     Reference:

     Thomson Reuters unveils generative AI strategy designed to ...

2. People also ask

   Does Thomson Reuters invest in generative artificial intelligence?

   • TORONTO, November 1, 2023 – Thomson Reuters (NYSE/TSX: TRI), a global content and technology company, today announced updates on its multi-year global investment strategy in generative artificial intelligence (AI).

   Thomson Reuters unveils generative AI strategy designed to transform

   www.thomsonreuters.com/en/press-releases/2023/november/thomson-reuters-unveils-generative-ai-strategy-designed-to-transform-the-future-of-professionals.html

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   What is Thomson Reuters doing with AI?

   • Strategic Acquisitions: Thomson Reuters continues to build on its strategy of pursuing acquisitions to accelerate generative AI capabilities. In August, the company completed its acquisition of Casetext, a company that uses advanced AI and machine learning to build technology for legal professionals.

   Thomson Reuters unveils generative AI strategy designed to transform

   www.thomsonreuters.com/en/press-releases/2023/november/thomson-reuters-unveils-generative-ai-strategy-designed-to-transform-the-future-of-professionals.html

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   Why is artificial intelligence important to Thomson Reuters?

   • Artificial Intelligence is critical to Thomson Reuters, as it is embedded in how we create, enhance, connect, and deliver trusted information to our customers. It powers the products used by professionals around the world. Thomson Reuters has been injecting AI and machine learning into our value creation and delivery stack since the early 1990s.

   AI Overview | Thomson Reuters

   www.thomsonreuters.com/en/artificial-intelligence/ai-overview.html

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   How much will Thomson Reuters spend on AI?

   • Thomson Reuters also plans to spend more than $100mn on developing its own AI technology every year to serve customers in sectors such as legal, tax and accounting. Last year, the company completed a two-year programme designed to transform it from a content provider to a “content-driven” technology company.

   Thomson Reuters has $8bn war chest for AI-focused deals, says chief

   www.ft.com/content/9227c2e1-067e-4b49-8b33-9c276edc65e3

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3. www.theglobeandmail.com › business › article-thomsonThomson Reuters races to build AI technology into its data ...

   www.theglobeandmail.com › business › article-thomson

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   1 day ago · The speed of development and the level of investment in artificial intelligence have exploded in recent years, with hundreds of billions of dollars pouring into the sector, and trillions more ...

4. www.thomsonreuters.com › en › artificialAI Overview - Thomson Reuters

   www.thomsonreuters.com › en › artificial

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   Artificial Intelligence plays a critical role at Thomson Reuters. It is embedded in how we create, enhance, connect, and deliver trusted information to our customers. It powers the products used by professionals around the world.

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5. Videos

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     4:03

     finance.yahoo.com

     Generative AI will be 'transformative': Thomson Reuters CEO

     Nov 15, 2023

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     youtube.com

     Generative AI will be 'transformative': Thomson Reuters CEO

     Nov 19, 2023

     5.1K Views

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     2023 Year in Review: What will AI look like in 2024? | REUTERS

     Jan 3, 2024

     2.7K Views

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6. www.thomsonreuters.com › en › press-releasesThomson Reuters unveils generative AI strategy designed to ...

   www.thomsonreuters.com › en › press-releases

   • Cached

   Nov 1, 2023 · TORONTO, November 1, 2023 – Thomson Reuters (NYSE/TSX: TRI), a global content and technology company, today announced updates on its multi-year global investment strategy in generative artificial intelligence (AI). These include integrating generative AI skills through product development and acquisitions, leveraging strategic partnerships ...

7. www.thomsonreuters.com › en › artificial-intelligenceCoCounsel - Generative AI assistant for ... - Thomson Reuters

   www.thomsonreuters.com › en › artificial-intelligence

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   Stay at the forefront of your industry with our investment of over $100 million in generative AI technology designed to empower you with the latest tools and insights for today and tomorrow. CoCounsel will revolutionize the way you work

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8. www.ft.com › content › 9227c2e1-067e-4b49-8b33-9c276Thomson Reuters has $8bn war chest for AI-focused deals, says ...

   www.ft.com › content › 9227c2e1-067e-4b49-8b33-9c276

   Mar 11, 2024 · Thomson Reuters has an $8bn war chest to spend on acquisitions and investments in artificial intelligence, according to chief executive Steve Hasker, as it bets that the technology will transform...

9. www.msn.com › en-us › moneyThomson Reuters Says It Has $8 Billion to Invest in AI

   www.msn.com › en-us › money

   Thomson Reuters is making a significant push into artificial intelligence (AI), having announced it has a massive $8 billion war chest for acquisitions and internal development. This strategic...

10. www.thestar.com › business › thomson-reutersThomson Reuters planning to invest more than US$100 million a ...

    www.thestar.com › business › thomson-reuters

    Nov 1, 2023 · TORONTO - Thomson Reuters Corp. announced plans to invest more than US$100 million a year in generative artificial intelligence. The company said Wednesday it is building AI-powered...