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Shares of legal software firms and data service companies saw a sharp decline on Tuesday. This downturn followed the release of a new AI automation tool by Anthropic. Investors fear this tool could significantly impact the core businesses of these companies. Major players like RELX Plc and Wolters Kluwer NV experienced substantial drops.
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Eluned Morgan said her government can't be expected "to step in and do the work that the public should be doing".
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Fractal Analytics announced dates for its Rs 2,834 crore IPO, billed as Indias first pure-play AI listing. The issue includes fresh shares and an offer-for-sale, funding global expansion, AI products and acquisitions, amid improving profitability and rising investor interest globally.
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