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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, ...
The brutal sell offs, what some are calling a 'SaaSpocalypse' wiped out roughly $285 billion from software, legal, tech and ...
The shares of publicly traded software and IT services companies in India and the US took a nosedive after Anthropic ...
The threat to software-as-we-know-it comes from digital data: the foundational, eight-decades-long trend driving the ...
People who want to work through the platform can create a profile, list their skills and set hourly rates. Once hired, they receive instructions from the AI agent, complete the work and submit proof ...
Hundreds of agents tried building a browser for a week, producing 1M lines of code, 1,000's of files yet missed web standards ...
Google is attempting to make it easier for developers to access its documentation by creating the Developer Knowledge API and corresponding MCP server, both now in public preview.
The software collapse has broadened with 'nowhere to hide' as the AI rate-of-change has extrapolated in both 'logical and illogical ways', said JPMorgan.
Such has been the sentiment around these software stocks that brokerage firm Jefferies has gone on to call it the "SaaSpocalypse". Jefferies has called the trading activity around these stocks a "get ...
PDF readers and open-source libraries used in document processing will all need updating to handle the Brotli compression ...
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