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What is 'Claude' and what is it doing to the markets?

Author
Newstalk ZB,
Publish Date
Wed, 25 Feb 2026, 7:49pm
Photo / NZ Herald
Photo / NZ Herald

What is 'Claude' and what is it doing to the markets?

Author
Newstalk ZB,
Publish Date
Wed, 25 Feb 2026, 7:49pm

AI firm Anthropic has made upgrades to their Claude model and it's sparked concerns about what this could mean for markets and jobs.

Claude specialises in coding and technology, and IBM's stock recently took a hit - with experts citing the model as a reason.

Milford Asset Management expert Andrew Curtayne explained further.

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