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Reuters parent has $8 billion to spend

Thomson Reuters has an $8 billion war chest to spend on acquisitions and investments in artificial intelligence, according to chief executive Steve Hasker in… ....

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Thomson Reuters Has $8 Billion in 'Financial Firepower' for AI Investment

Thomson Reuters Has $8 Billion in 'Financial Firepower' for AI Investment
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

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Thomson Reuters Corporation (NYSE:TRI) Q4 2023 Earnings Call Transcript

Thomson Reuters Corporation (NYSE:TRI) Q4 2023 Earnings Call Transcript February 8, 2024 Thomson Reuters Corporation beats earnings expectations. Reported EPS is $0.98, expectations were $0.92. Thomson Reuters Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone, and […] ....

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Thomson Reuters reports higher fourth quarter revenue

NEW YORK (Reuters) -Thomson Reuters Corp on Thursday reported higher-than-expected quarterly profit, and said it struck deals to license its content to help train large AI language models. The Toronto-based news and information provider reported a fourth-quarter revenue rise of 3% to $1.8 billion, largely in line with analyst estimates, according to LSEG data. Wall Street expected 90 cents per share, according to LSEG data. ....

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