Practical: AI & Business News Thomson Reuters’ $100M AI Bet Pays Off: 170-Year-Old Giant Surges on Record Q3 Revenue
Nov 4, 2025
Thomson Reuters is reaping the rewards of its $100M AI investment, reporting impressive Q3 earnings thanks to AI-driven legal and tax tools. Their innovative products, like CoCounsel Core, are revolutionizing workflows by automating tedious tasks, allowing professionals to focus on strategic decision-making. The company is shifting from data selling to delivering actionable intelligence. With a keen emphasis on trust and accuracy, Reuters aims to set the standard in the enterprise AI space, solidifying its competitive advantage.
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AI-Powered Revenue Lift
- Thomson Reuters' Q3 revenue rose ~5% to about $1.8B, driven largely by AI-powered legal and tax tools.
- The company says AI features like CoCounsel Core and Checkpoint Edge are turning data into actionable intelligence for customers.
Big Bet On Generative AI
- Thomson Reuters spends over $100M annually integrating generative AI across products and platforms.
- CoCounsel Core uses OpenAI tech fine-tuned on proprietary legal data to produce domain-accurate outputs.
Invest In Deep Integration
- Integrate models deeply into existing products instead of adding superficial features like chatbots.
- Invest in data labeling, model fine-tuning, and partnerships to make AI genuinely useful for users.