Thomson Reuters shares jumped more than 11% on Tuesday after the technology and content company said its AI-powered tool CoCounsel, developed for corporations, attracted one million users, easing fears of disruption from competing artificial intelligence tools. The surge in shares indicates strong demand for new AI solutions and investor confidence in the company's strategy.
Thomson Reuters Shares Jump 11% After AI Tool Attracts 1M Users
Technology firm Thomson Reuters reported a significant 11% surge in shares after its AI-powered tool CoCounsel attracted one million corporate users. This development helped alleviate concerns about the impact of competing AI solutions on the market.