Thomson Reuters acquires AI-focused startup Materia for tax, audit, and accounting sectors.

Thomson Reuters has acquired US-based startup Materia, which specializes in AI assistants for the tax, audit, and accounting sectors. This acquisition supports Thomson Reuters' AI strategy, aiming to enhance efficiency and effectiveness in these professions through generative AI tools. Materia's AI assistant focuses on automating research and workflows tailored for accountants.

October 22, 2024
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