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Microsoft shares drop after Anthropic unveils tools that could compete with Office

Follow below as CNBC breaks down the biggest stock market moves of the day.

Anthropic, a company known for its enterprise and coding tools, has unveiled an AI-powered office suite targeting knowledge workers. At a San Francisco event, the company introduced Claude Meetings, Claude Sheets, and Claude Whiteboards, allowing Claude to join meetings, take notes, and analyze data alongside employees. These tools, now in beta, join existing offerings like Claude Docs, Slides, Design, and Motion.

Claude Data, previously known as Claude Dashboards, is now available to all paid plans. Anthropic also unveiled interactive connectors enabling users to access apps like Adobe and HubSpot within Claude, aiming to eliminate the need for tab switches. These tools follow similar offerings from Google and OpenAI, with Google's Gemini and OpenAI's ChatGPT already joining meetings and creating spreadsheets.

Anthropic, under pressure to generate revenue and drive product engagement ahead of its potential IPO, sees these tools as a way to expand its reach beyond technical users.

Written by urgent.news from The Verge's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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