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home / articles / TRI - Thomson Reuters' $100M Yearly Investment Plan - Financial Strength And AI Innovation | Benzinga

TRI - Thomson Reuters' $100M Yearly Investment Plan - Financial Strength And AI Innovation | Benzinga

Thomson Reuters Corp

Thomson Reuters Corp (NYSE:TRI) is reportedly gearing up for a substantial expansion in artificial intelligence (AI) with a formidable war chest of $8 billion allocated for acquisitions and investments. 

CEO Steve Hasker revealed the company’s ambitious plans, emphasizing a belief in AI’s potential for its core business of supplying information to professionals like lawyers and accountants. 

Hasker outlined the financial strength derived from the company’s existing operations, a lightly leveraged balance sheet, and the upcoming sale of its remaining stake in the London Stock Exchange Group (LSEG).

The financial news giant also Full story available on Benzinga.com
Stock Information
Company Name: Thomson Reuters Corp
Stock Symbol: TRI
Market: NYSE
Website: thomsonreuters.com
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