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128 SaaSapocalypse: Is Anthropic’s new AI tool a threat to India’s IT sector?

Firstpost Tech
FP Explainers @ Firstpost Tech 1 place · today 04:24 EDT

SaaSapocalypse: Is Anthropic’s new AI tool a threat to India’s IT sector?

A 'SaaSapocalypse' hit the Indian stock market on Wednesday (February 3) with IT stocks such as Infosys, Wipro and TCS all crashing. This occurred after Anthropic launched a new AI tool for its Claude Cowork agent, which investors fear could displace traditional software platforms

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