AI Advances Wipe Over $1 Trillion from Software and Tech Stocks
New AI tools from Anthropic and OpenAI trigger massive tech stock selloff. Investors fear AI disruption threatens traditional software business models.
Software Industry
Anthropic's Claude Legal AI Plugin Triggers Global Software Stock Sell-Off
Anthropic's new Claude Cowork legal plugin sparked panic in software markets, causing Thomson Reuters and RELX shares to plunge 15% as investors fear AI disruption.
Software Industry Faces Disruption: AI Agents Trigger M&A Wave and Stock Selloff
Cloud software stocks plunge as AI agents threaten traditional software stack, prompting private equity to identify acquisition targets among vulnerable mid-sized software companies.
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