Image by Gordon Joly, from Flickr
Thomson Reuters Launches Agentic AI For Tax And Accounting Professionals
- Written by Kiara Fabbri Former Tech News Writer
- Fact-Checked by Sarah Frazier Former Content Manager
Thomson Reuters unveiled CoCounsel, an agentic AI that automates tax and accounting work by planning, acting, and adapting within workflows.
In a rush? Here are the quick facts:
- Agentic AI plans, acts, and adapts within professional workflows with human oversight.
- CoCounsel automates complex tasks like file review, memo drafting, and compliance checks.
- Thomson Reuters acquired Materia to accelerate development of agentic AI systems.
Thomson Reuters has announced the introduction of an AI system that functions as a professional assistant, which will not only answer questions but also carry out entire tasks. The first agentic AI product from the company, named CoCounsel, is available for tax, audit, and accounting professionals.
Agentic AI goes beyond current AI assistants that only react to prompts. These advanced systems combine planning capabilities with reasoning functions, and take actions while adapting to changing needs within professional work environments.
The systems utilize data from Westlaw and Checkpoint platforms to review client files, create memos, and conduct compliance checks.
“Agentic AI isn’t a marketing buzzword. It’s a new blueprint for how complex work gets done,” said David Wong, Chief Product Officer at Thomson Reuters. “The AI understands the goal, breaks it into steps, takes action, and knows when to escalate for human input.”
CoCounsel was built in part from Materia, a startup Thomson Reuters acquired last year. According to Kevin Merlini, Vice President of Product, “This isn’t GenAI in a prettier wrapper — it’s a fully integrated, intelligent system built to do the work,” as reported by Thomson Reuters.
OpenAI, which powers parts of CoCounsel, praised the launch as a strong example of agentic AI in action. Users are already seeing results.
“Before CoCounsel, we were manually comparing residency and filing codes across 36 states. Each jurisdiction used to take us half a week to fully review—now it takes under an hour,” said Rich Marlatt, CIO at BLISS 1041, as reported by Thomson Reuters.
Thomson Reuters plans to roll out more agentic tools in legal, risk, and compliance soon. These tools will be able to draft documents, assess risks, and adapt to changes — all with human oversight.
“This is more than a product launch — it’s a clear signal of where the industry is heading,” said Wong, as reported by Thomson Reuters.
Photo by Isi Parente on Unsplash
Google Launches LGBTQ+ Features For Pride Month
- Written by Andrea Miliani Former Tech News Expert
- Fact-Checked by Sarah Frazier Former Content Manager
Google introduced new special features to celebrate the LGBTQ+ community in June, during Pride Month. The tech giant will include festivals and events on Google Maps and Waze in the United States, and curated games and playlists on Google Play and YouTube Music.
In a rush? Here are the quick facts:
- Google launched new features to celebrate the LGBTQ+ community during Pride month.
- Google Maps and Waze will include real-time traffic updates considering parades and events in the U.S.
- Users will be able to access new content and updates on Google Arts & Culture, Google Play, and YouTube Music.
“June is Pride Month, a time of celebration and reflection for the LGBTQ+ community,” wrote Zach Overton, Senior Director of Global Brand Marketing & US Go-to-Market for Devices at Google. “Regardless of how you choose to celebrate, there are countless ways for members of the LGBTQ+ community, their friends & family, and allies, to learn, connect, and celebrate.”
On Google Maps and Waze—which recently included AI features powered by Gemini —users in the United States will get real-time traffic updates and the best routes considering the main parades and events.
Users can also filter restaurants, shops, and other locations considering the LGBTQ+owned or LGBTQ-friendly tag on Search or Maps.
Those interested in learning more about LGBTQ+ history can access the new content on Google Arts & Culture and explore topics such as the history of the Pride Flag.
Google also features LGBTQ+ games, books, and applications on a curated Google Play page, such as K-Pop Academy, HyperBeard, and She Is a Haunting.
On YouTube Music, users can access new curated playlists including the 2025 Pride Anthems featuring artists like Billie Eilish, Chappelle Roan, and Lady Gaga.
On Sunday, Google Doodle celebrated the hyperpop electronic music genre featuring LGBTQ+ artists like Sophie.
A few days ago, Google released new features, devices, and AI subscriptions announced during the annual I/O conference. The tech giant introduced AI Mode in Search, a new $249.99 AI subscription called “Google AI Ultra,” and its upcoming smart glasses.
