Thomson Reuters has created a $100 Corporate Venture Fund to support the development of professional services organizations. Thomson Reuters Ventures will invest in the company's markets: Legal, Tax & Accounting, Risk, Fraud, and Compliance, News and Media. The company will investment primarily in earlier-stage companies through Series A and B funding
Chief strategy officer Pat Wilburn mentioned artificial intelligence and machine learning as areas of interest in selecting companies to fund. “We are focused on identifying and supporting innovative companies that can help our customers deliver more value to their customers,” Wilburn said in a prepared statement.
