Claude Cowork

Anthropic launches Claude Cowork, an enterprise AI tool designed to boost knowledge worker productivity. The platform integrates with business tools like Google Drive and DocuSign, and offers customizable plugins for specific industries. Anthropic aims to make AI more accessible across professional roles, while acknowledging potential disruption for certain job functions. This move intensifies competition in the lucrative enterprise AI market.

Software stocks rallied Tuesday, boosted by Anthropic’s enterprise agent announcements. The AI startup’s Claude Cowork platform updates and new partnerships suggest AI integration rather than displacement. This eased investor fears, leading to gains in Salesforce, DocuSign, and Thomson Reuters. Analysts believe AI’s competitive threat to software may be overblown, emphasizing AI’s reliance on existing data and workflows. This shift in sentiment led to a broad market recovery, including IBM, which had previously seen declines.