Anthropic’s New AI Legal Tool Triggered a Selloff Without Evidence
Market reacted by selling first and asking questions after
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov looks back on a historic rout for software makers that was catalyzed by a new AI product.
Adobe on defense: Adobe ramped up its advertising in 2025, spending $1.4 billion to promote its brand in the face of intensifying competition, including from upstarts whose products feature artificial intelligence front and center.