Anthropic AI Tool Triggers $285 Billion Sell-Off in Software Stocks

A new artificial intelligence tool launched by Anthropic triggered a sharp sell off in global software stocks, wiping out nearly $285 billion in market value in a single day. The tool raised concerns over rapid automation, pricing pressure, and faster commoditisation of software services. Investors feared margin compression, deal repricing, and heightened competition, leading to broad losses across technology and IT services companies worldwide.