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February 24, 2026

Thomson Reuters readies $11bn war chest for legal AI shakeout

Despite finding many of the younger AI companies lacking, Thomson Reuters is still eyeing acquisitions


Freya Pratty

4 min read

Steve Hasker, Thomson Reuters CEO

Thomson Reuters has had a turbulent few weeks. The Nasdaq-listed company, which supplies data, information and advisory services to clients in the legal, tax and accounting sectors, saw its share price plummet 18% after US AI giant Anthropic released a tool for the legal industry.

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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