Aug 1 (Reuters) - Thomson Reuters ( TRI ) reported second

quarter revenue rising 6% as it continued to invest heavily in

artificial intelligence technology.

The Toronto-based content and technology company reported

quarterly revenue of $1.74 billion, up from $1.65 billion a year

earlier. Wall Street had expected $1.75 billion in the quarter,

according to LSEG data.

Operating profit fell 50% to $415 million, falling short of

expectations of $463 million. Adjusted earnings, excluding one

time items, came it at 85 cents per share.

The company has rapidly deployed generative AI technology

across its portfolio of properties spanning legal, accounting

and corporate businesses.