RELX, LSEG, Experian and other media hit by AI worries from Anthropic launch Proactive uses images sourced from Shutterstock
Shares in FTSE 100 data publishers were slammed by AI worries on Tuesday after US AI company Anthropic released a new ‘agentic’ tool for corporate legal teams.
RELX PLC, which owns legal industry information and analytics provider LexisNexis, slumped 12%; while London Stock Exchange Group PLC dropped 8.1%, and Experian PLC fell 7.4%. Business publisher Informa PLC fell 4.8%, education and testing group Pearson PLC slid 4% and other media sector names like WPP PLC and Future PLC in the FTSE 250 fell 7.1% and 3.1%.
Anthropic, the company behind Claude, first launched the tool on its GitHub page last week. Bloomberg and other financial outlets reported the development today.
The US AI company said the new plugins for its agentic Claude Cowork facility can automate legal work such as reviewing contracts, triaging non-disclosure agreements, composing briefings and providing templated responses.
It is designed to aid productivity for companies’ in-house legal teams, one of 11 plugins designed to automate specific tasks within a company.
“Anthropic is releasing plugins for Cowork that extend Claude’s agentic capabilities beyond general tasks into specialized business functions. Plugins bundle skills, connectors, slash commands, and sub-agents that make Claude work like a domain expert for specific roles and teams, sales, finance, legal, data analysis, marketing, customer support, and more,” the company told media.
According to its GitHub page, the legal productivity plugin can “review contracts, triage NDAs, navigate compliance, assess risk, prep for meetings, and draft templated responses”. All of this is configurable to an organisation’s “specific playbook and risk tolerances,” it said.
RELX, LSEG, Informa, Experian, Pearson, WPP and Future have all been seen as facing risks of losing some business to AI.
In Europe, sector names like Wolters Kluwer tumbled almost 10% in Amsterdam and Thomson Reuters was 9.2% lower in pre-market trading in the US.