{"id":990071,"date":"2026-02-05T11:40:41","date_gmt":"2026-02-05T06:10:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=990071"},"modified":"2026-02-05T11:40:41","modified_gmt":"2026-02-05T06:10:41","slug":"explained-what-is-anthropics-ai-tool-that-wiped-285-billion-off-software-stocks-in-a-single-day","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/05\/explained-what-is-anthropics-ai-tool-that-wiped-285-billion-off-software-stocks-in-a-single-day\/","title":{"rendered":"Explained: What is Anthropic&#8217;s AI tool that wiped $285 billion off software stocks in a single day"},"content":{"rendered":"<p>Anthropic&#8217;s newly launched AI plugins have triggered what analysts are calling a &#8216;SaaSpocalypse&#8217;\u2014a brutal selloff that wiped out roughly $285 billion from software, legal tech and financial services stocks in a single trading session. The AI developer, known for its Claude chatbot, released 11 open-source plugins for its Claude Cowork tool on Friday, January 30. One of them targets legal workflows, and that alone was enough to send investors running for the exits.<\/p>\n<p>Thomson Reuters dropped over 15%. RELX, owner of LexisNexis, fell 14%. LegalZoom got hammered nearly 20%. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anthropic&#8217;s newly launched AI plugins have triggered what analysts are calling a &#8216;SaaSpocalypse&#8217;\u2014a brutal selloff that wiped out roughly $285 billion from software, legal tech and financial services stocks in a single trading session. The AI developer, known for its Claude chatbot, released 11 open-source plugins for its Claude Cowork tool on Friday, January 30. One of them targets legal workflows, and that alone was enough to send investors running for the exits. Thomson Reuters dropped over 15%. RELX, owner of LexisNexis, fell 14%. LegalZoom got hammered nearly 20%.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-990071","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/990071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=990071"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/990071\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=990071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=990071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=990071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}