Technology startup Anthropic launched an improved AI model, Claude Opus 4.6, backed by Amazon and Google. The model can work longer and more reliably, showing gains in coding and finance. Anthropic teased its ability to process 1 million data tokens and divide tasks among autonomous agents in Claude Code.

Anthropic aims to disrupt the software industry ahead of its IPO, with competition from Google and OpenAI. Software developers embrace Anthropic’s AI for coding, while the company pushes for business deals with products like Claude Cowork for white-collar workers. Market moves predict older software businesses losing relevance as AI advances.

Despite market concerns about disruption, industry figures like Nvidia CEO Jensen Huang believe in the resilience of older software companies. Anthropic’s head of product for enterprise, Scott White, aims to connect AI to older software tools to enhance their utility. Claude Cowork is positioned as a tool to streamline hard work processes.

Read more at Yahoo Finance: Anthropic releases AI upgrade as market punishes software stocks