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Anthropic AI tools trigger panic on Wall Street

Anthropic’s new AI tools sparked Wall Street panic, leading to sharp declines in global IT and technology stocks.
New artificial intelligence tools launched by Anthropic triggered panic on Wall Street, hitting global IT and technology stocks.Investors fear advanced AI could replace traditional software and outsourcing services,disrupting revenue models. Heavy selling was seen across US tech shares as valuations reset. Experts say uncertainty remains high, while long term impact will depend on how companies integrate AI,protect margins, and reposition offerings amid rapid technological change