Anthropic’s launch of an automated software code-scanning service, powered by its AI chatbot Claude, has significantly impacted major U.S. cybersecurity stocks, leading to sharp declines. Shares of CrowdStrike and Zscaler fell approximately 10%, while Netskope and Tenable saw losses exceeding 12%. Despite reassurances from CrowdStrike’s CEO, investor concerns intensified, dragging ETFs like iShares Cybersecurity and Global X Cybersecurity to multi-month lows. The sell-off extended to the broader software sector, affecting giants like Salesforce and IBM, which plummeted 13%. Analysts highlight the competitive threat posed to specialized platforms such as GitLab and JFrog, as AI technologies evolve. Additionally, concerns about AI-driven disruptions in corporate software, noted by Franklin Templeton’s CEO, have pressured major private equity firms. Furthermore, Anthropic revealed attempts by Chinese labs to exploit its AI technologies, raising national security concerns. This episode underscores a potential shift in the software landscape, reminiscent of the cloud computing revolution.
Source link
