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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InThomson Reuters Corp. shares experienced a significant rally on Tuesday, jumping more than 11% following a major milestone for its artificial intelligence division. The company announced that its AI-powered business assistant, CoCounsel, has officially surpassed one million users. This rapid adoption has effectively eased investor concerns regarding potential disruption from competing generative AI technologies. Analysts suggest that the success of CoCounsel demonstrates the company's competitive resilience and the strength of its proprietary data integration. The double-digit surge reflects growing market confidence in Thomson Reuters' long-term AI strategy and its ability to monetize advanced software solutions. As a result, the stock reached new heights, marking one of its strongest single-day performances in recent periods.