FILE PHOTO: FILE PHOTO: Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
LONDON (Reuters) -British business information group RELX said on Thursday demand for its generative AI tools from lawyers and scientists boosted half-year profit by 9%, and it was confident on further growth as new products launch and its conference business thrives.
The growth over the last 10 years of RELX, which has helped make it one of the 10 biggest companies on the London Stock Exchange, has been driven by offering AI-based tools to professional customers in the banking, insurance, law and medicine sectors.
