Overview
- Thomson Reuters reported second-quarter revenue of $1.95 billion and adjusted earnings per share of $0.99, and it raised full-year organic revenue guidance to about 8 percent, the company said Wednesday.
- The firm will start giving clients access to its in‑house large language model, called Thomson, over the summer, with early customer trials and product integrations planned into offerings such as Co‑Counsel and Westlaw.
- Company executives say internal benchmarks show Thomson performs competitively against frontier models from Anthropic, OpenAI and Google, a claim the company has publicly reported but not independently verified.
- In July Thomson Reuters sold 51 percent of its Global Print business to KKR to form a joint venture that frees capital to fund digital growth and the roll‑out of so‑called fiduciary‑grade AI.
- Chief Financial Officer Gary Bischoping said generative AI now underpins about 32 percent of the company’s underlying contract value, signaling rising customer demand that could drive licensing, product upgrades and new revenue streams.