Anthropic touts new AI tools weeks after legal plug-in spurred market rout


FILE PHOTO: Anthropic logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

SAN FRANCISCO, Feb 24 (Reuters) - Artificial intelligence ⁠lab Anthropic on Tuesday unveiled 10 new ways for business customers to plug ⁠in its technology to key areas of their work, weeks after other releases ‌sparked an aggressive selloff in traditional software company shares.

The San Francisco-based startup said its plug-ins could now help with investment banking tasks like reviewing deals, wealth-management tasks such as portfolio analysis and human resource-related tasks such as ​making new-hire materials reflect a brand's tone and policies.

Other items ⁠that Anthropic touted included plug-ins for ⁠private equity, engineering and design.

Anthropic said its new plug-ins were developed with partners, including LSEG, FactSet, ⁠Salesforce's ‌Slack, and DocuSign.

Companies including Thomson Reuters, which owns Reuters news agency, and RBC Wealth Management were using AI agents powered by Anthropic, it said.

The announcement lifted the ⁠shares of Anthropic's partner companies - Salesforce rose 4%, FactSet 5% ​and DocuSign nearly 6%.

Backed by ‌Alphabet's Google and Amazon.com, the lab said it was releasing ways to connect ⁠its Claude AI ​to some commonly used business tools like Google Calendar and Gmail.

The rapid-fire releases this year show how Anthropic is seeking to get ahead of the pack in sellingautonomous AI to the lucrative enterprise market ⁠ahead of a widely expected public offering.

Anthropic faces competition ​from Google itself, OpenAI and Elon Musk's xAI, among others. The startup has said it has not decidedabout going public.

Last month, Anthropic's release of a legal plug-in ignited an $830 billion global selloff in ⁠software and services stocks, including some of the startup's partners, over six trading days as investors worried that AI-powered automation could undercut a revenue streams of these companies.

Scott White, Anthropic's head of product for enterprise, said the goal was for Claude to deliver better outcomes for ​customers, not replace them.

"It's not a product that's trying to ⁠own every workflow," he said in an interview. "We're providing infrastructure and intelligence so our partners or ​our customers can bring their business knowledge, their expertise, their ‌trusted relationships and their customers to the equation."

Companies ​can build and manage their own plug-ins as well, Anthropic said.

(Reporting By Jeffrey Dastin and Deepa Seetharaman in San Francisco; Editing by Kevin Buckland and Arun Koyyur)

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