Is AI the end of SaaS as we know it?
Shares in several prominent public SaaS companies fell approximately 10% heading into February, wiping out $300 billion in value. One of the instigators was Anthropic’s release of Claude Cowork with plugins in legal, marketing, and other business functions. Investors also read how AI writes 90% of Claude’s code, while technologists noticed that Claude Opus 4.5…

