Global software stocks hit by Anthropic wake-up call on AI disruption
Ana Maria Rus
Feb 4 : European and U.S. software stocks struggled to find support on Wednesday as a sector-wide selloff spread to Asia, fuelled by mounting worries that advances in artificial intelligence could upend companies' business models. European data analytics, professional services and software stocks fell for a second day in volatile trade, mirroring losses in global peers after Anthropic's new legal AI tool underscored the threat to businesses seen as most exposed to AI disruption. The declines
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