Post #296

Anthropic's AI legal tool just triggered a $285B market rout. The Claude maker launched an AI plugin that automates legal work — contract reviews, NDA triage, compliance workflows, and legal briefings. • Pearson shares fell 8%, Relx plunged 14% • Thomson Reuters crashed 18% in one day • Goldman Sachs software basket sank 6% • Total market impact: $285 billion wiped out How it happened: • Started as OpenAI spinoff in 2021 (Dario Amodei + team) • Built Claude with safety-first approach • Developed enterprise plugin architecture • Launched legal automation without fanfare • Triggered immediate institutional panic The takeaway: When your AI tool wipes out $285B in market cap in one day, you've built something that fundamentally threatens entire industries. https://www.bloomberg.com/news/articles/2026-02-03/legal-software-stocks-plunge-as-anthropic-releases-new-ai-tool #startups#AI