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Thomson Reuters has $8B qar chest for AI-focused deals, FT reports

Thomson Reuters (TRI) has an $8B war chest to spend on acquisitions and investments in artificial intelligence, CEO Steve Hasker tells the Financial Times, Daniel Thomas and Andrew Edgecliffe-Johnson report. Hasker says the group has “tremendous financial firepower” to expand across AI-driven professional services and information as it plans to sell the rest of its holding in the London Stock Exchange Group (LNSTY).

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