Anthropic PBC is stepping up its competition with Microsoft Corp. and Alphabet Inc.’s Google by introducing a suite of AI-powered office tools ahead of its upcoming initial public offering (IPO). The new features, which include a video call assistant, a data dashboard, and a spreadsheet service called Claude Sheets, are designed to integrate Anthropic’s AI capabilities into everyday work tasks. Many of these tools are currently available in beta for paid users.
The company is positioning these tools to attract a broader range of business professionals as it prepares for its public listing later this month. While Claude Sheets is described as a “fairly basic” experience by Nicholas Lin, an Anthropic product leader, it is not intended for advanced tasks like financial modeling. Lin noted that Anthropic’s plug-ins for existing spreadsheet software would be more effective in those cases.
Anthropic also announced a way for companies like Adobe Inc., Atlassian Corp., and Hubspot Inc. to embed their apps within Claude, further expanding its ecosystem. The AI developer reported a revenue run rate of $81 billion as of Oct. 31, up $10 billion from the end of September, and is seeking a fully diluted valuation of about $1.4 trillion in its IPO.
Shares of Microsoft were down 3% as of 12:43 p.m. in New York, reflecting the heightened competition in the AI-driven office tools market.