Thomson Reuters Acquires UK Startup Safe Sign Technologies to Enhance AI Capabilities in Legal Sector

On Tuesday, Thomson Reuters announced its acquisition of UK-based startup Safe Sign Technologies, aiming to bolster its AI strategy. Safe Sign, which develops legal-specific large language models (LLMs), was co-founded by Alexander Kardos-Nyheim, a trainee solicitor at A&O Shearman, and Dr. Jonathan R. Schwartz, a Cambridge Law AI professor and the company’s chief scientist. The financial terms of the deal were not disclosed. Following the acquisition, the Safe Sign team will report directly to Thomson Reuters Chief Technology Officer Joel Hron and work closely with the Thomson Reuters Labs team. For more details, see the original article. This marks Thomson Reuters’ second significant generative AI acquisition, following its $650 million purchase of Casetext in 2023.