Thomson Reuters Starts Incubator, Legal Tech + AI Key Areas

Thomson Reuters Starts Incubator, Legal Tech + AI Key Areas

Thomson Reuters has launched an incubator via its Thomson Reuters Labs in Switzerland. The Incubator will host early-stage entrepreneurs building next-generation products in advanced analytics, blockchain and AI.The six to twelve month programme will seek to attract and then support new companies from the legal tech, fin tech, reg tech and other key sectors such as ‘news tech’, with frontier technologies such as AI seen as one of the key areas of interest that the global information giant is keen to foster. As part of the official program startups will receive access to Thomson Reuters world-class data and content sets, mentoring from experienced executives and networking opportunities for investment and commercialisation. The data angle is especially relevant to any legal AI companies, which can sometimes find it expensive and hard to find the legal information needed to perfect their applications. Thomson Reuters, like other giant legal publishers, has a huge amount of legal data on hand. Thomson Reuters was also keen to point out that the Incubator is not seeking to take equity in the start-ups that join (at least not immediately or as part of the programme), which can be a tricky point for some young companies that do not want to hand…


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