Explained: What is Anthropic's AI tool that wiped $285 billion off software stocks in a single day

A swift market reaction, dubbed 'SaaSpocalypse,' saw software stocks plummet by $285 billion after Anthropic's AI assistant, Claude Cowork, launched new plugins. The legal workflow automation plugin, ...

Claude Cowork explained: Anthropic's AI tool, plugins that spooked markets

Anthropic's Claude Cowork lets AI act as a digital coworker that can manage files and tasks, raising investor concerns about the future of traditional enterprise software and SaaS firms ...