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  5. TRI: Hi Peter & Team, Yes, it's great to see TRI bouncing back; very encouraging. [Thomson Reuters Corporation]
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Q: Hi Peter & Team,

Yes, it's great to see TRI bouncing back; very encouraging.

However, since TRI is 'partnered' with Anthropic, are there any 'red flags' at the moment, when considering the ongoing disagreements between the Trump administration and Anthropic? (Pete Hegseth, the US secretary of defence and his recent demands aimed at Anthropic).

Thanks as always for your insight.
Asked by Jerry on February 26, 2026
5i Research Answer:

We wouldn't be too concerned about this given they are different verticals (defense vs legal) and also that we think it is more of a support to the value of TRis services. It matters less whether it is OpenAI, Anthropic or someone else and more that they have value that can feed into AI tools, vs being at risk from them.