AI Shockwave: The New Tool of Anthropic Crashed IT Stocks in the US and India

Why a new AI tool Crashed the Stock Markets: The Big Picture. 📉

A basic overview of the way the new AI workplace tools at Anthropic resulted in a significant sell-off in US and Indian technology stocks. Know how Infosys and TCS stock dropped, what the SaaSpocalypse is and why AI is transforming the global tech sector.

What Happened? The Simple Explanation

There was a huge technology event that occurred last week. An artificial intelligence company by the name Anthropic released new tools, and this announcement led to the crash of stock markets worldwide.

Large tech firms in the United States experienced a significant decline in their stock value. The stocks of well-known IT firms such as Infosys, TCS, HCLTech, and Wipro fell by 4 to 8 percent within one day in India. This saw the Indian stock market index, Sensex, drop by more than 100 points.

This incidence demonstrates to us that investors and firms are beginning to view AI in a new light. During years, people believed that AI would make technology firms expand. The latest concern is now emerging: that AI can replace the work these companies carry out.

What was it that Anthropic Launched?

To find out the reason behind the panicking of everybody, you must be aware of what was announced.

Anthropic is an AI firm that produces a chatbot named Claude, which is similar to ChatGPT. They did not only make their chatbot better on February 4th, but they introduced something stronger called Claude Cowork agents.

These are not simple tools. They are the AI systems that are created to perform real office tasks. The new tools can automatize work in a number of areas:

• Work in law: checking legal documents, reviewing of contracts, checking compliance with rules.
• Sales & Marketing: Customer Data Management and Automation of Communication.
• Data Analysis: Making reports and visualization of raw data.

It was this crucial aspect that was frightening people the AI agents are capable of doing things directly, without necessarily requiring the traditional business software.

Consider it in the following manner: You used to have to go somewhere with a taxi driver and a taxi. Now, there appears a self-driving car. It changes the whole system.

The World Chain Reaction: Markets Fall Applaws

The fear was immediately diffused throughout the financial markets of the world.

1. The United States: The SaaSpocalypse

This was dubbed a SaaSpocalypse by an investment bank Jefferies.

Stocks of software companies plummeted. Salesforce and ServicesNow dropped by almost 7 percent.

Microsoft and Meta fell over 2%. Nvidia fell by almost 3%.

The Nasdaq index plummeted 1.43 per cent washing off hundreds of billions of dollars in worth.

2. Europe: Data and Legal Firms are Clobbered

The hit was taken on companies dealing in specialized data and information.

The shares of RELX and Wolters Kluwer declined.

London Stock exchange group shares fell 6 percent.

3. India: The Information Technology Industry Suffers a big blow

The most dramatic response occurred in India.

Rating of the Indian Crash:

• Worst day in the history of the Nifty IT Index
• Dropped more than 6%
• 1.9 lakh crore wiped off

Major Stock Drops:

• Infosys: Down over 8%
• Tata Consultancy Services (TCS): Slipped 6%.
• HCLTech: Down 5%
• Wipro: Down 4%

Why Did Indian IT Stocks Collapse So Violently?

Infosys and TCS offer:

• Software development and software maintenance.
• Back-office tasks (such as finance and data processing)
• Customer support centers
• Legal and compliance review

The new AI tools of Anthropic have the potential to automate most of these specific tasks.

Reliance on large vendor teams might reduce.

Billable hours and margins get squeezed.

In plain words: AI can replace 10 junior engineers. This jeopardizes their business.

The Bigger Picture: A Change in our AI perception

Earlier story: AI is an opportunity.

New story: AI is a disruption.

AI may eliminate components of software companies.

Economic Survey of 2025-26 warned about this.

Now, it has become real.

Is this the End of the IT Companies? Not So Fast

1. The Threat is Real, Yet Gradual

• Entry level jobs are at risk
• Routine work must evolve

2. The Secret of Surviving is Adaptation

Companies must:

• Move up the value chain
• Become professionals in AI system management and implementation
• Skill their employees

3. Artificial Intelligence (AI) is Not a Substitute

• AI does not replace human judgment.
• Lawyers must verify results.
• Ethics and creativity remain human.

Conclusion: No Death Knell, a Wake-Up Call

• This crash is a loud wake up call.
• AI is becoming a real force.
• Hype is ending. Reality is beginning.
• Investors are becoming selective.

For India:

• Change is necessary.
• Speed is essential.
• Value is the future.

Not cheap labor, but:

• 👉 Intelligent solutions
• 👉 Strategic thinking
• 👉 AI expertise

AI is no longer in the background.

It is now a key player.

Survival of the fittest has begun.

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