On February 24, Wall Street’s key indexes experienced a quiet day as investors took stock of Anthropic’s latest announcement regarding new AI tools. These tools, including plug-ins, aim to enhance tasks in areas such as investment banking, private equity, engineering, and design.
Anthropic introduced ten innovative ways for businesses to integrate its technology into critical aspects of their operations. This revelation comes only weeks after previous releases led to a significant selloff in shares of traditional software companies.
By 09:31 a.m. ET, the Dow Jones Industrial Average had slipped by 7.93 points, or 0.01%, reaching 48,789.46. Meanwhile, the S&P 500 decreased by 4.18 points, or 0.06%, landing at 6,832.89, while the Nasdaq Composite managed a slight uptick of 2.66 points, or 0.02%, to settle at 22,635.01.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Pooja Desai)
