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OpenAI rival Anthropic courts finance industry with new AI tools

The new offering, called Claude for Financial Services, is designed to help analysts conduct market research, handle due diligence and make investment decisions. The product pairs Anthropic’s core enterprise and coding AI tools with information from third-party financial data providers, including FactSet, PitchBook and Morningstar, for customers with subscriptions to those services.

“This is the missing piece between an AI tool that’s interesting and cool, and one that’s deeply useful,” said Mike Krieger, chief product officer at Anthropic and co-founder of Instagram. “Right now, there’s a real moment of: If we don’t adopt these tools, we’ll be left behind by people who are doing it.”

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