NEW YORK (Reuters) -Thomson Reuters Corp on Thursday reported higher-than-expected quarterly profit, helped by lower costs and demand for AI-enhanced products for legal and other professional clients. It also said it struck deals to license its news content to help train large AI language models. Wall Street expected 90 cents per share, according to LSEG data, and a year ago, the comparable figure was 75 cents a share.
NEW YORK (Reuters) -Thomson Reuters Corp on Thursday reported higher-than-expected quarterly profit, helped by lower costs and demand for AI-enhanced products for legal and other professional clients. It also said it struck deals to license its news content to help train large AI language models. Wall Street expected 90 cents per share, according to LSEG data, and a year ago, the comparable figure was 75 cents a share.