One Million Professionals Turn to CoCounsel as Thomson Reuters Scales AI for Regulated Industries

Source: Reuters (via feed)

Thomson Reuters announced that one million professionals across 107 countries have adopted CoCounsel. The AI technology targets regulated sectors such as legal, risk, compliance, tax, accounting, audit, and global trade. The adoption marks a shift from experimental use of AI to production deployment in these industries. Firms are increasingly integrating AI within their workflows instead of using standalone tools. Thomson Reuters aims to scale AI solutions tailored for high-stakes environments globally. This milestone underscores a trend towards embedding AI directly in professional applications.

CoCounsel extends beyond basic AI tools by focusing on professional-grade capabilities. This approach supports complex regulatory and compliance requirements. Thomson Reuters reported this development while continuing to expand its AI offerings to meet industry needs. The company uses its content and technology expertise to enhance efficiency in regulated workflows. Adoption across diverse countries also indicates wide acceptance of AI-driven assistance in these sectors.

BizTrendWire Insight:

The use of AI like CoCounsel in regulated industries signals growing reliance on technology to support compliance and operational accuracy. This reflects broader digital transformation trends in professional services.


Read full story on Reuters

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