When Thomson Reuters acquired ThoughtTrace in 2022, it scooped up a software provider that relied on artificial intelligence and machine learning to analyze documents and contracts for sector-specific use cases in industries like real estate and energy.
The company also got a future chief technology officer out of the deal.
Joel Hron, who had served as CTO of ThoughtTrace at the time of the acquisition, came into the fold at Thomson Reuters as a VP of technology to spearhead integration into the larger company’s ecosystem that includes the Reuters news agency and various tools sold to legal, tax, and other corporate professionals.
By 2023, Hron became head of AI and Thomson Reuters Labs, a decades-old research and development group whose work was dramatically changing as the generative