Anthropic on Thursday released an upgraded artificial intelligence model, just days after rapid AI advances helped trigger a selloff across traditional software stocks.
Anthropic said the latest release can handle longer and more reliable tasks, with notable performance gains in coding and financial applications—areas where demand from developers has been particularly strong.
Beyond software development, the company is pushing deeper into enterprise adoption with tools such as Claude Cowork, designed to execute routine computer tasks for white-collar professionals.
The rapid rollout of AI products has unsettled investors, fueling concerns that established software firms could lose relevance. Shares of Salesforce, Workday and Thomson Reuters each fell around 3% on Thursday, extending recent declines.
Some industry leaders have pushed back against the disruption narrative. Nvidia CEO Jensen Huang has argued that incumbents’ specialized products, deep data sets and growing AI integration still provide a strong competitive moat.
Anthropic echoed that view, saying its strategy is to enhance—not replace—existing software ecosystems by embedding AI into familiar tools to unlock greater productivity and value for businesses.
