Big Data And AI Startup Incubator Launched By Thomson Reuters

Thomson Reuters has launched a start-up incubator in Switzerland to host early-stage entrepreneurs working on big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies. Thomson Reuters Labs – The Incubator, as its called, will furnish its cohort with access to Thomson Reuters data and content sets, as well as mentoring from executives and networking opportunities for investment and commercialisation. The Incubator is the next horizon of the company's investment in the Thomson Reuters Labs network, said a statement. TR's Innovation Labs collaborate with customers, universities and startups around the world. Mona Vernon, chief technology officer for Thomson Reuters Labs, said: "Technology is evolving at an unprecedented rate and corporations need to keep pace. Partnering with startups and other market disruptors is essential for us to be agile and responsive to our customers. The Incubator will become an essential part of our corporate strategy to drive organic growth through innovation."