Thomson Reuters has reported strong revenue growth as demand increases for its artificial intelligence-powered products used by legal, tax, accounting and compliance professionals.

The company said customers are increasingly adopting specialised AI tools designed to assist with complex professional tasks that require accuracy, reliability and access to trusted information.

Executives described the products as being developed specifically for industries where mistakes can carry significant financial or legal consequences.

Revenue growth was driven by strong performance across the company’s legal, corporate and tax divisions.

Businesses and professional firms continue investing in digital solutions capable of improving efficiency and reducing administrative workloads through automation and AI assistance.

Thomson Reuters has also reaffirmed its full-year outlook, reflecting confidence in continued demand for professional-grade AI tools.

Unlike many consumer-focused AI products, the company focuses on specialised industries where verified information and regulatory compliance are critical.

Analysts say the company’s results demonstrate that artificial intelligence is creating opportunities far beyond the technology sector.

Professional services firms are increasingly becoming major users of advanced AI systems, opening new markets for information and software providers.

Source: Reuters