Company that wiped off nearly $300bn from software stocks releases new AI model

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Anthropic releases AI upgrade as market punishes software stocks

SAN FRANCISCO, Feb 5 : Technology startup Anthropic on Thursday launched what it called an improved artificial intelligence model, days after its product advances helped kick-start a selloff of traditional software stocks.The San Francisco-based lab, which is backed by Amazon.com and Alphabet's Google, said

Anthropic AI Update Triggers Significant Sell-Off in Software Stocks

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• 5d ago

Anthropic AI Update Triggers Significant Sell-Off in Software Stocks

Investors fear Claude Cowork’s new agentic features threaten entire categories of SaaS tools.

Anthropic’s new AI tool sends shudders through software stocks - CNN

Anthropic just launched a new AI tool that could replace dozens of software tools. And Wall Street is panicked.