In a message to employees at the moment, interim president Matt Eager shared that Thomson Reuters has accomplished the acquisition of PLX AI – a monetary information service – and can now start the mixing into Reuters Information:
I’m delighted to share that Thomson Reuters has acquired PLX AI, an actual time monetary information service powered by synthetic intelligence, which might be built-in into Reuters Information.
PLX AI delivers breaking monetary information and perception that strikes inventory costs—together with shock earnings, outlook adjustments, mergers and acquisitions, vital orders or administration selections—from 1,500 corporations throughout the U.S. and Europe, utilizing pure language processing engines.
The Danish enterprise has a big partnership with LSEG Refinitiv and is out there completely by way of Refinitiv merchandise.
The corporate is small—there are simply three PLX workers becoming a member of Reuters—nevertheless it punches means above its weight.
As you already know, Reuters is dedicated to delivering the quickest, most dependable monetary information service on the earth. This acquisition helps our monetary textual content reporting and our spectacular observe document in pace wins. We will even assess the place we may scale or prolong PLX expertise into different fields to reinforce our formidable newsroom and assist our journalists.
I’m certain you’ll be a part of me in welcoming the PLX AI staff to Reuters.
Thanks, and greatest,