Overview
- Anthropic released a legal plugin for its Claude Cowork agent that automates tasks such as contract review, NDA triage, compliance checks, briefings and templated responses, with outputs meant to be reviewed by licensed attorneys.
- The company open‑sourced 11 starter plugins on GitHub and enabled connections to enterprise apps like Slack, Box, Egnyte, Jira and Microsoft 365 via its Model Context Protocol.
- Shares of major incumbents slumped, with RELX on track for its biggest one‑day drop since 1988, Wolters Kluwer down about 13%, and Thomson Reuters falling roughly 16%–19% and nearing a record daily loss.
- Selling spread across related sectors, as Publicis and Omnicom fell sharply, U.S. software names including Salesforce, Adobe and Oracle declined, and two SPDR funds tracking software and data stocks shed about US$300.6 billion in value.
- Analysts said the move intensified doubts about incumbents’ ability to monetize AI and protect high‑margin models, though some cautioned the rout could echo prior AI panics that later looked overdone.