AI concerns pummel European software stocks
Adrian Bogdan
LONDON, Feb 3 : A sell-off in European software, data analytics and advertising companies accelerated on Tuesday, as updated artificial intelligence models raised fresh doubts about whether incumbent firms can defend their business models, underscoring the technology's disruptive threat to sectors once viewed as AI winners. One of the catalysts for Tuesday's selloff was the introduction of Anthropic's legal plug-in for its Claude generative AI chatbot, according to traders and analysts. The
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