Thomson Reuters stock price soars 12% on AI milestone

LootboxPhobia · 2026-02-25T03:58:44+00:00

Thomson Reuters stock surged 12% on Tuesday as its CoCounsel AI technology was adopted by 1 million professionals in 107 countries. This platform provides intelligent support in fields such as law and taxation, and was prominently showcased at the Anthropic event, with the upcoming launch of the next-generation product featuring conversational task capabilities expected.

LootboxPhobia

2026-02-25 03:58:44

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Investing.com – Thomson Reuters (TSX/NYSE: TRI) stock surged 12% on Tuesday after the company announced that its CoCounsel AI technology has been adopted by 1 million professionals in 107 countries.

The company’s shares soared after revealing that its professional-grade AI platform has gained significant attention among legal, risk, compliance, tax, accounting, audit, and global trade professionals. CoCounsel provides intelligent features across Thomson Reuters’ product portfolio, including CoCounsel Legal, CoCounsel Tax and Audit, and ONESOURCE+.

The company was also mentioned in Anthropic’s Claude event, which announced new plugins and connector updates. Thomson Reuters’ CoCounsel Legal was highlighted as a dedicated legal agent redesigned using the Claude Agent SDK.

“Professionals are no longer debating whether to use AI. They are deciding which AI to trust when their reputation and client data are at risk,” said Steve Hasker, President and CEO of Thomson Reuters. “CoCounsel is built for those critical moments when ‘almost correct’ isn’t good enough.”

The platform integrates into existing professional tools, analyzes authorized content developed over 175 years, and provides outputs with supporting citations. Over 4,500 Thomson Reuters subject matter experts have contributed to validating and refining CoCounsel’s outputs in legal, tax, and compliance fields.

Thomson Reuters stated that the next-generation CoCounsel Legal will soon enter testing, featuring conversational task execution capabilities. The system will allow legal professionals to describe their goals, after which CoCounsel will develop a plan, retrieve authoritative materials from Westlaw and Practical Law, and deliver structured work products. Additional features for CoCounsel Tax and ONESOURCE+ are planned for release later in 2026.

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