Abstract:
Anthropic has launched a series of tools to further integrate artificial intelligence (AI) into daily work and compete more directly with Microsoft and Google. The features, which will be unveiled at an Anthropic event on Tuesday, include a video call assistant, a data dashboard tool, and a spreadsheet service called Claude Sheets. Claude Sheets is very similar to Microsoft Excel and Google Sheets, but with Anthropic's AI capabilities built-in. Many new tools will be available in beta form to paying users.
As the launch approaches, Anthropic has been working hard to expand its AI services for business professionals of all types. The Claude developer's tools have previously seen strong demand among software engineers, who use them to streamline the code writing and debugging process.
Anthropic product lead Nicholas Lin said that the current functionality of Claude Sheets is "pretty basic" and is not geared toward more advanced work such as financial modeling. He noted that in these cases, Anthropic's plug-ins for existing spreadsheet software would be more effective.
Lin said: "I think Microsoft and Google products still have their place in certain times and scenarios, especially more advanced enterprise application scenarios. But we also want to show new ways of doing work within Claude."
As of 12:43 pm New York time, Microsoft's stock price fell 3%.
Anthropic also announced that it will allow companies such as Adobe, Atlassian and HubSpot to embed a version of their existing application into Claude.
Anthropic is both a partner and competitor to these and other companies. The relationship has repeatedly stoked concerns this year that AI could one day make traditional enterprise software products obsolete.
Anthropic's revenue continues to surge. The AI developer's annualized revenue hit $81 billion as of Oct. 31, up $10 billion from the end of September, according to Tuesday's filing. The company is currently seeking a fully diluted valuation of approximately $1.4 trillion in its IPO.
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