CoCounsel Surpasses One Million Users in 107 Countries; Ameritas Buys $2.34M Stake
Thomson Reuters’ CoCounsel AI platform reached one million professional users across 107 countries, integrating into legal, tax and compliance workflows with expert-validated, citation-backed outputs. Separately, Ameritas Investment Partners added 15,031 Thomson Reuters shares worth $2.34 million in Q3, highlighting institutional confidence in the company's growth prospects.
1. CoCounsel Reaches One Million Users
Thomson Reuters announced that CoCounsel, its professional-grade AI solution, has been adopted by over one million professionals in 107 countries, embedding AI directly into legal, tax, audit and compliance workflows. The platform leverages 175 years of licensed content, expert-developed validation logic and structured, citation-backed outputs to meet rigorous regulatory and litigation standards while keeping customer data isolated from third-party model training.
2. Institutional Investment by Ameritas
Ameritas Investment Partners acquired a new position of 15,031 Thomson Reuters shares valued at $2.34 million during the third quarter, reflecting growing institutional confidence in the company’s technology-driven strategy. This investment underscores potential upward pressure on the stock as Thomson Reuters scales AI solutions and leverages its century-and-a-half of content expertise.