Anthropic launches AI tools for investment banking, HR and design
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The news: Anthropic has unveiled new tools for its Claude Cowork agent platform designed to automate knowledge work across investment banking, wealth management, human resources, private equity, engineering and design. The move comes weeks after its AI releases wiped over USD800 billion from global software stocks.
The 10 new plug-ins, announced at a livestreamed event on Tuesday morning, were developed with partners including FactSet, LSEG, Salesforce’s Slack and DocuSign.
Anthropic also announced new integrations with Google apps including Gmail and Google Calendar, as well as LegalZoom.
Shares in partner companies lifted on the news. Salesforce rose 4%, FactSet 5% and DocuSign nearly 6%, though broader market swings continued during the event, with Spotify briefly jumping 3% after an on-screen mention before giving up those gains.
The context: The release comes after a legal plug-in update from Anthropic ignited a global selloff in software and services stocks, wiping an estimated USD830 billion over six trading days.
Anthropic was valued at USD380 billion in a recent funding round. It has more than 300,000 business customers and is widely expected to go public, although the company has said it has not yet decided.
What they said: Scott White, Anthropic’s head of product for enterprise, said the company was not trying to own every workflow, but to provide infrastructure and intelligence so partners and customers could bring their own expertise to the equation.
He said it was “a little bit of an overreach or overreaction” to connect market performance to a single product release.
