SaaSpocalypse Explained: What Is Anthropic’s New AI Tool And Why It Crashed IT Stocks
Last Updated:February 04, 2026, 18:03 IST Anthropic’s Claude Cowork AI launch triggered the SaaSpocalypse, wiping $285 billion from global software stocks as investors fear AI replacing platforms At the centre of the storm is Claude Cowork, Anthropic’s no-code, agentic AI assistant for enterprises. (Representative Image) A new word entered the market’s vocabulary overnight, ‘SaaSpocalypse’. A…