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SaaSapocalypse: Anthropic's AI Agents Spark Panic Over Future Of Indian IT Services

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  • Published On: February 05, 2026
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Global tech and IT stocks fell sharply this week after the US artificial intelligence company Anthropic released a set of new tools that can automate business tasks, prompting investor fears that AI may replace traditional software and services. Analysts and traders have described the market reaction as a "SaaSpocalypse," meaning a severe downturn for software-as-a-service (SaaS) companies. 

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