Anthropic on Thursday released its latest high-performing artificial intelligence model, escalating its challenge to OpenAI and Google in the intensifying AI race.
Founded by former OpenAI staffers in 2021, Anthropic has gained significant momentum in recent months with a series of product releases that have impressed Silicon Valley — and rattled Wall Street.
Releases including an AI automation tool and a legal field product contributed this week to a broad selloff in software stocks, as they exacerbated concerns that AI models can replace the utility…

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