Thomson Reuters Crowned Latest AI Winner Following Anthropic's Recognition
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Thomson Reuters Soars 14% After Anthropic Praises Its AI Legal Tool CoCounsel
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Moneycontrol•25-02-2026, 12:31
Thomson Reuters Soars 14% After Anthropic Praises Its AI Legal Tool CoCounsel
•Thomson Reuters shares jumped 14%, the biggest intraday gain in 26 years, after Anthropic praised its AI legal tool, CoCounsel.
•The AI tool for lawyers was highlighted at an Anthropic-hosted briefing, with Thomson Reuters CEO Steve Hasker also presenting.
•This boost comes after the Toronto-headquartered firm's stock lost over half its value since July, partly due to sales growth concerns and fears of AI encroachment.
•Thomson Reuters announced CoCounsel reached one million users, signaling a shift from "experimentation to production."
•The company uses various AI tools, including Anthropic's Claude, OpenAI's GPT, and Google Gemini, and the market is still assessing AI's long-term impact on its business.
