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AI News from ET - Fear factor: Claude Cowork, techies no work?

Vishwadeep Khatri
in AI News & Two Lenses

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Anthropic’s launch of Claude Cowork, an AI tool for collaborative work, sparked a global software stock sell-off worth $285 billion. Indian IT stocks also fell sharply, with the Nifty IT index dropping 8% and Rs 2 lakh crore wiped out. The platform automates tasks across multiple functions, threatening traditional software service models.

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