AI fears pummel software stocks: Is it 'illogical' panic or a SaaS apocalypse?
The Anthropic AI logo is displayed on a mobile phone with a visual digital background.The software sector faced renewed market concerns this week after artificial intelligence company Anthropic released new AI tools, triggering a sell-off in software-as-a-service and data provider stocks. Anthropic's new AI tools, built for its Claude "Cowork" AI agent, are designed to handle complex professional workflows that many software and data providers sell as core products.The tools and other similar AI agents targ ...