OpenAI freaked out the software industry. Now, it's Anthropic's turn. [Business Insider]
Workday, Inc. - Class A (WDAY)
Last workday, inc. - class a earnings: 2/27 04:01 pm
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Source: Business Insider
Become an Insider and start reading now. Have an account? Log in Anthropic's new AI tools are sparking concern about software business models. RBC said software stocks, such as Salesforce and Workday, fell after Anthropic's announcements. RBC added that AI advances in healthcare and productivity challenge vertical software's strengths. Last fall, OpenAI sent shockwaves through the software industry. Now, Anthropic is doing the same. A new wave of announcements from Anthropic this week revived fears that generative AI could undermine the economics of traditional software companies. In a research note published Wednesday, analysts at RBC Capital Markets said a flurry of recent product launches from Anthropic, including new AI tools for productivity and healthcare, has coincided with a broad selloff across the software sector and could deepen concerns that AI is becoming a competitive threat rather than a tailwind. On Sunday, Anthropic rolled out Claude for Healthcare & L
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- Barclays Lowers Firm's PT on Workday, Inc. (WDAY) Stock [Yahoo! Finance]Yahoo! Finance
- New Workday Research: Companies Are Leaving AI Gains on the Table [Yahoo! Finance]Yahoo! Finance
- New Workday Research: Companies Are Leaving AI Gains on the TablePR Newswire
- Auditoria Accelerates UK and European Momentum with Leadership Appointment and Infrastructure [Yahoo! Finance]Yahoo! Finance
- Workday (NASDAQ:WDAY) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "hold" rating.MarketBeat
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