Thomson Reuters Ushers in the Next Era of AI with Launch of Agentic Intelligence

Core Insights - Thomson Reuters has launched agentic AI systems, starting with CoCounsel for tax, audit, and accounting professionals, which enhances workflow integration and accountability [1][2][5] - The agentic AI platform is designed to operate within existing professional workflows, breaking down complex tasks into manageable steps while ensuring human oversight [2][3][6] Company Developments - The agentic platform has been in development for over a year, accelerated by the acquisition of Materia, an AI copilot startup [3][11] - CoCounsel is the first agentic experience launched, automating tasks such as client file review and compliance checks, and integrating various resources into a single workspace [5][8] Technology and Features - Thomson Reuters is re-architecting its core product experiences to embed agentic capabilities, utilizing features from platforms like Checkpoint and Westlaw [4][10] - The new systems are tailored for high-stakes environments where accuracy and trust are critical, with a focus on integrating generative AI [4][6] Market Position - The launch of CoCounsel signifies a major advancement in professional-grade AI, with early customers reporting significant time savings in their workflows [7][8] - Thomson Reuters aims to redefine the capabilities of generative AI in professional settings, with plans for further developments in legal, risk, and compliance domains [10][12] Future Outlook - Upcoming applications include "Ready to Review," an agentic tax prep application that will further enhance the capabilities of AI in professional environments [9] - The company is committed to ongoing transformation and leadership in the agentic AI space, indicating a strong future direction for its technology offerings [11][12]