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Anthropic says Claude Code transformed programming. Now Claude Cowork is coming for the rest of the enterprise.

Anthropic opened its virtual “Briefing: Enterprise Agents” event on Tuesday with a provocation. Kate Jensen, the company’s head of Americas, told viewers that the hype around enterprise AI agents in 2025 “turned out to be mostly premature,” with many pilots failing to reach production. “It wasn’t a failure of effort, it was a failure of approach, and it’s something we heard directly from our customers,” Jensen said.

The implicit promise: Anthropic has figured out the right approach, and it starts with the playbook that made Claude Code one of the most consequential developer tools of the past year. “In 2025 Claude transformed how developers work, and in 2026 it will do the same for knowledge work,” Jensen said. “The magic behind Claude Code is simple. When you can delegate hard challenges, you can focus on the work that actually matters. Cowork brings that same power to knowledge workers.”

That framing is central to understanding what Anthropic announced on Tuesday. The company rolled out a sweeping set of enterprise capabilities for Claude Cowork, the AI productivity platform it first released in research preview in January. Scott White, head of product for Claude Enterprise, described the ambition plainly during the keynote: “Cowork makes it possible for Claude to deliver polished, near final work. It goes beyond drafts and suggestions — actual completed projects and deliverables.”

The product updates are dense but consequential. Enterprise administrators can now build private plugin marketplaces tailored to their organizations, connecting to private GitHub repositories as plugin sources and controlling which plugins employees can access. Anthropic introduced new prebuilt plugin templates spanning HR, design, engineering, operations, financial analysis, investment banking, equity research, private equity, and wealth management. The company also shipped new MCP connectors for Google Drive, Google Calendar, Gmail, DocuSign, Apollo, Clay, Outreach, SimilarWeb, MSCI, LegalZoom, FactSet, WordPress, and Harvey — dramatically extending Claude’s reach into the software ecosystem that enterprises already use. And Claude can now pass context seamlessly between Cowork, Excel, and PowerPoint, including across multiple files, without requiring users to restart when switching applications.

White emphasized that the system is designed to feel native to each organization rather than generic. “We’ve heard loud and clear from enterprises — you want Claude to work the way that your company works, not just Claude for legal, but Cowork for legal at your company,” he said. “That’s exactly what today’s launches deliver.”

Real-world results from Spotify, Novo Nordisk, and Salesforce hint at what’s coming

To ground the product announcements in measurable outcomes, Anthropic showcased three enterprise deployments that illustrate both the scale and the variety of impact the company claims Claude can deliver.

At Spotify, engineers had long struggled with code migrations — the slow, manual work of updating and modernizing code across thousands of services. Jensen explained that after integrating Claude directly into the system Spotify’s engineers use daily, “any engineer can kick off a large-scale migration just by describing what they need in plain English.” The company reports up to a 90% reduction in engineering time, over 650 AI-generated code changes shipped per month, and roughly half of all Spotify updates now flowing through the system.

At Novo Nordisk, the pharmaceutical giant built an AI-powered platform called NovoScribe with Claude as its intelligence layer, targeting the grueling process of producing regulatory documentation for new medicines. Staff writers had previously averaged just over two reports per year. After deploying Claude, Jensen said, “documentation creation went from 10 plus weeks to 10 minutes. That’s a 95% reduction in resources for verification checks. Medicines are reaching patients faster.” Jensen also noted that Novo Nordisk used Claude Code to build the platform itself, enabling contributions from non-engineers — their digitalization strategy director, who holds a PhD in molecular biology rather than engineering, now prototypes features using natural language. “A team of 11 is operating like a team many times its size,” Jensen said.

Salesforce, meanwhile, uses Claude models to help power AI in Slack, reporting a 96% satisfaction rate for tools like its Slack bot and saving customers an estimated 97 minutes per week through summarization and recap features. The partnership reflects Anthropic’s broader ecosystem strategy: Jensen described the companies featured at the event as “Claude partners and domain experts with the data and trusted relationships that make Claude work in the real world.”

Enterprise leaders reveal the messy reality behind AI transformation

Perhaps the most illuminating segment of the event was a panel discussion featuring executives from Thomson Reuters, the New York Stock Exchange, and Epic, who provided candid assessments of AI’s enterprise reality that went well beyond the polished case studies.

Sridhar Masam, CTO of the New York Stock Exchange, described his organization as “rewiring our engineering process” with Claude Code and building internal AI agents using the Claude Agent SDK that can take instructions from a Jira ticket all the way to a committed piece of code. But he also identified fundamental shifts in how leaders must think. “The accountability is shifting,” he said. “Traditionally, we are so used to building deterministic platforms. You write code requirements and build. And now, with AI being probabilistic, the accountability doesn’t end when the project goes live, but on a daily basis, monitoring the behavior and outcomes.” He described a new paradigm beyond “buy versus build” — what he called “assembly,” the practice of combining multiple models, multiple vendors, platforms, data, and internal capabilities into solutions. And he noted that highly regulated industries must shift “from risk avoidance to risk calibration,” because simply avoiding AI is no longer a competitive option.

Steve Haske from Thomson Reuters, whose Co-Counsel product has reached a million users, was frank about the gap between what the technology can do and what organizations are ready for. “The tools are in many senses ahead of the change management,” he said. “A general counsel’s office, a law firm, a tax and accounting firm, an audit firm, need to rewire the processes to be able to take advantage of the benefits that the tools provide. And I think it’s 18 months away before that sort of change management catches up with the standard of the tool.” He also stressed an “ironclad guarantee” to Co-Counsel customers that “their input will not be part of our AI output,” and urged enterprise leaders to be “feverish” about protecting institutional intellectual property.

Seth Hain from Epic — the healthcare technology company behind MyChart — offered a finding that may foreshadow where enterprise AI adoption is truly heading. “Over half of our use of Claude Code is by non-developer roles across the company,” Hain said, describing how support and implementation staff had adopted the tool in ways the company never anticipated. Hain also described a deliberate trust-building strategy: Epic’s first AI capability was a medical record summarization that included links to the underlying source material, giving clinicians the ability to verify and build confidence before the company introduced more autonomous agent capabilities.

A year of Claude Code and MCP adoption explains why this moment feels different

Tuesday’s announcements cannot be understood in isolation. They are essentially the culmination of a year in which Anthropic transformed itself from a research-focused AI lab into a company with genuine enterprise distribution and developer ecosystem gravity.

The trajectory began with Claude Code, which Jensen noted had taken coding use cases “from assisting on tiny tasks to AI writing 90 or sometimes even 100% of the code, with enterprises shipping in weeks what once took many quarters.” But the deeper structural shift was the adoption of MCP — the Model Context Protocol — which has become the connective tissue allowing Claude to reach into and act upon data across an organization’s entire technology stack. Where previous AI tools were constrained to the information users manually fed them, MCP-connected Claude can pull context from Slack threads, Google Drive documents, CRM records, and financial systems simultaneously. This is what makes the plugin architecture announced Tuesday fundamentally different from earlier chatbot-style enterprise AI: it turns Claude into a reasoning layer that sits across an organization’s existing infrastructure rather than alongside it.

The implications for the broader AI industry are profound. Anthropic is effectively building a platform play — private plugin marketplaces, portable file-based plugins, and an expanding library of MCP connectors — that echoes the ecosystem strategies of earlier platform giants like Salesforce and Microsoft. The difference is velocity: Anthropic is compressing into months the kind of ecosystem development that previously took years. The company’s willingness to ship sector-specific plugin templates for investment banking, equity research, and wealth management alongside general-purpose tools signals that it sees no bright line between platform and application, between enabling partners and competing with them.

This strategic ambiguity is precisely what has spooked Wall Street. IBM shares suffered their worst single-day loss since October 2000 — down nearly 13.2% — on Monday after Anthropic published a blog post about using Claude Code to modernize COBOL, the decades-old programming language that runs on IBM’s mainframe systems. Enterprise software stocks had already been under heavy pressure since the initial Cowork announcement on January 30, with companies like ServiceNow, Salesforce, Snowflake, Intuit, and Thomson Reuters all experiencing steep declines. Cybersecurity companies tumbled after the company unveiled Claude Code Security on February 20.

Yet Tuesday’s event triggered a partial reversal that revealed something important about how markets are processing AI disruption. Companies named as Anthropic partners and integration targets — Salesforce, DocuSign, LegalZoom, Thomson Reuters, FactSet — all rallied, some sharply. Thomson Reuters surged more than 11%. The market appears to be drawing a new distinction: companies integrated into Anthropic’s ecosystem may benefit, while those standing outside it face existential risk.

Anthropic’s own economist warns that AI’s impact will be uneven — and fast

Peter McCrory, Anthropic’s head of economics, presented data from the Anthropic Economic Index that offered a sober counterweight to the event’s product optimism. Using privacy-preserving methods to analyze how people and businesses use Claude, McCrory’s team has tracked AI’s diffusion across more than 150 countries and every US state.

The headline finding is striking: a year ago, roughly a third of all US jobs had at least a quarter of their associated tasks appearing in Claude usage data. That figure has now risen to approximately one in every two jobs. “The scope of impact is broadening out throughout the economy as the tools and as the technology becomes more capable,” McCrory said. He characterized AI as a “general purpose technology” in the economic sense — meaning virtually no facet of the economy will be unaffected.

McCrory drew a critical distinction between automation, where Claude simply executes a task, and augmentation, where it collaborates with a human on more complex work. When businesses embed Claude through the API, he noted, “we see overwhelmingly Claude is being embedded in automated ways” — a pattern consistent with how transformative technologies have historically diffused through the economy.

On the question of job displacement, McCrory was measured but direct. He noted that “roles that typically require more years of schooling have the largest productivity or efficiency gains,” suggesting a dynamic economists call skill-biased technical change. He expressed concern about “jobs that are pure implementation” — citing data entry workers and technical writers as examples where Claude is already being used for tasks central to those occupations. But he emphasized that no evidence of widespread labor displacement has materialized yet, and pointed to forthcoming research that would introduce methodology for monitoring whether highly exposed workers are beginning to experience it.

His advice to enterprise leaders cut to the heart of the organizational challenge. “It might not just be about fundamental capabilities of the model,” McCrory said. “Do you have the right sort of data ecosystem, data infrastructure to provide the right information at the right time?” If the knowledge Claude needs to execute a sophisticated task exists only in a coworker’s head, he argued, “that’s not a technical problem, per se. That’s an organizational problem.”

The question every enterprise leader is now asking — and why no one has the answer yet

Jensen described a concept Anthropic calls “the thinking divide” — the growing gap between organizations that embed AI across employees, processes, and products simultaneously, and those that treat it as a point solution. The companies on the right side of that divide, she argued, will compound their advantage over time. Those on the wrong side “will find themselves falling further and further behind.”

Whether Anthropic ultimately functions as the rising tide that lifts the enterprise software ecosystem or the wave that swamps it remains genuinely uncertain. The same event that triggered a rally in shares of Anthropic’s named partners has also accelerated a broader reckoning for legacy software companies that cannot yet articulate how they fit into an AI-native world. McCrory, the economist, counseled humility. “Capabilities are moving very, very quickly,” he said. “It might represent an innovation in the method of innovation. So it’s not just making us better at the things that we do — it’s helping us discover new ways to do things.”

Thomson Reuters’ Haske perhaps put it most practically. “As leaders, we all have to get personally involved and personally invested in using the tools,” he said. “We’ve got to move fast. This environment is changing quickly. We cannot afford to get left behind.”

A Fortune 10 CIO recently told Jensen that enterprises would need to fit a decade of innovation into the next few years. The CIO smiled and said: “We’re going to do it in one with you.” Whether that confidence proves prescient or premature, one thing is clear from Tuesday’s event — the window for figuring it out is closing faster than most boardrooms realize.

The era of human web search is over: Nimble launches Agentic Search Platform for enterprises boasting 99% accuracy

Web Search has already been disrupted by AI — just take a look at how readily Google is presenting users with AI Overviews (summaries of search results) at the top of their results pages, how Bing early on integrated OpenAI’s GPT models, and how Perplexity continues to build on its own AI-driven web search platform and browsers.

Nimble announced the launch of its Agentic Search Platform, a system designed to transform the public web into trusted, decision-grade data for AI systems and business workflows.

The launch is supported by $47 million in Series B financing led by Norwest, with participation from Databricks Ventures and others, bringing the company’s total funding to $75 million.

The initiative addresses a fundamental bottleneck in the current AI era: while large language models (LLMs) are becoming more sophisticated, they often reason over incomplete or unverifiable external information. Nimble’s platform aims to eliminate this “guesswork gap” by providing a governed data layer that searches, navigates, and validates live internet data in real time.

In an exclusive interview with VentureBeat, Nimble co-founder and CEO Uri Knorovich reflected on the early skepticism regarding his vision of a machine-centric internet.

“Whenever we started this company, and the first time I went to investors, I told them the web is built for humans, but machines are going to be the first citizens of the web,” Knorovich recalled. He noted that while initial reactions labeled him as “too visionary,” the current reality of AI adoption has validated his thesis.

Technology: Coordinated multi-agent architecture

The core of Nimble’s solution is a proprietary distributed architecture that orchestrates specialized agents to perform tasks traditionally handled by human researchers or brittle web scrapers. According to the company’s infrastructure documentation, the process is broken down into five distinct layers:

  • Headless browser and browsing agents: These layers manage the initial interaction with a target domain, navigating complex site structures as a human would.

  • Parsing agents: These agents interpret the page content, identifying relevant data elements across various formats.

  • Data processing agents: This layer aggregates, filters, and cleans noisy internet data to produce specific, structured answers.

  • Validation agents: The final step involves verifying the results to ensure accuracy and completeness before delivery.

Unlike standard search engines designed for consumer link-clicking, this architecture uses multimodal and reasoning capabilities from frontier models—including those from OpenAI, Anthropic, and Meta—to control real browsers. This allows Nimble to navigate dynamic layouts and cross-check results, producing auditable data outputs rather than simple text summaries.

A new paradigm: ‘The web is built for humans, but machines are the first citizens’

Knorovich points out that the scale of AI interaction with the web is fundamentally different from human behavior. “We, as humans, search for maybe three or five options before we making decisions… but every day, Nimble perform more than 3.2 million interactions in the web,” he explained. This sheer volume of billions of monthly searches represents a programmatic shift that requires a new type of infrastructure.

The bottleneck for enterprises today, according to Knorovich, isn’t the intelligence of the models, but the quality of the data they can access. “Agents are the headlines, and accurate and reliable web search is the bottleneck,” he stated.

Nimble vs. consumer search: Precision over speed

Knorovich explicitly differentiates Nimble from general-purpose tools like Google or consumer AI search assistants.

While Google has built a search experience for consumers that is optimized for speed and finding a local restaurant, enterprises require high-scale, high-accuracy results to make multi-million dollar decisions.

“General purpose web search tool are great to have a general answers, such as who is the wife Leo missing,” Knorovich remarked during the interview. “But enterprises need deep, granular data, and they need to have the ability to control the search filters, to control the regulation, to control what is a trusted source”. Unlike consumer AI modes that may summarize a Reddit post or high-level news, Nimble provides “street-level” information that can be stored directly in an enterprise system of record.

Product: Bridging the no-code and developer divide

The Agentic Search Platform is delivered through two primary interfaces designed for enterprise scalability:

  1. Web search agents: A no-code AI workflow builder that enables business teams to describe the data they need and receive structured data streams without writing a line of code.

  2. Web tools SDK: A suite of APIs for builders to search, extract, and crawl the web directly from their code. This includes specialized tools like the /crawl API for mapping entire domains and the /map API for creating domain trees.

The platform is built to deliver data with greater than 99% accuracy — meaning fewer than 1% inaccurate or hallucinated data for the total contents of each search result returned — and a latency of 1-2 milliseconds per request.

It integrates natively with major data environments, allowing users to stream clean data directly into Databricks, Snowflake, S3, or Microsoft Fabric.

During the interview, Knorovich emphasized that Nimble is designed to be model-agnostic, working seamlessly with state-of-the-art models from OpenAI, Anthropic, and Google’s Gemini. This flexibility allows companies to use Nimble alongside their existing tech stack, whether they are running models in the cloud or on-premise for high-security environments like healthcare or banking.

Case studies: Accuracy in action

Knorovich provided several real-world examples of how this “street-level” data impacts professional workflows. For instance, a real estate broker looking to expand into a new territory doesn’t need a high-level summary from a general-purpose AI.

“If you want to know what’s happening in the commercial real estate in Atlanta… you’re not looking for search that’s optimized for the millisecond,” Knorovich explained. “You’re looking for street-level, neighborhood-level information… data that you can actually see on a table or download to Excel”.

Another use case involves major financial institutions utilizing Nimble for “know your customer” (KYC) processes. By deploying an autonomous search agent, banks can cross-reference multiple public reports, criminal records, and address verifications to build a complete profile of a client before they even enter the building. The goal, Knorovich noted, is to provide the “external truth” that exists outside an organization’s internal firewalls.

Enterprise licensing and compliance

Nimble differentiates itself from legacy scraping tools through a rigorous focus on governance and trust. The platform is “compliant-by-design,” holding certifications for SOC2 Type II, GDPR, CCPA, and HIPAA.

Pricing is structured to support both experimental startups and high-scale enterprise operations, aligned with the volume and depth of data retrieved.

“Pricing should be aligned with the value that the user is getting… therefore, we are pricing by the amount of searches that you’re running,” Knorovich said.

  • Search and answer APIs: Standard search inputs cost $1 per 1,000, while the “Answer” function—which provides reasoning based on search results—costs $4 per 1,000.

  • Managed services: For larger organizations, managed tiers start at $2,000 per month (Startup) and scale to $15,000 per month (Professional) for unlimited agents and priority support.

  • Proxy access: A network of over 1 million residential proxies is available starting at $7.50 per GB

Community and user reactions

The transition to agentic search has already been operationalized by several Fortune 500 companies and AI-native startups:

  • Julie Averill, former CIO at Lululemon, stated that pricing intelligence which once took weeks to review can now be responded to in minutes by putting control in the hands of an agent.

  • Itamar Fridman, CEO and Co-founder of Qodo, noted that the platform’s scalability was “crucial in developing more robust and reliable AI systems” by feeding LLMs with high-quality data.

  • Dennis Irorere, Data Engineer at TripAdvisor, highlighted that the platform simplifies the extraction of structured data from complex sources, which he described as “transformative” for his role.

  • Grips Intelligence reported scaling to over 45,000 e-commerce sites using Nimble’s Web API to deliver real-time pricing and product data.

  • Alta utilizes the platform to power millions of AI-driven go-to-market workflows daily, reporting 3–4× deeper context and >99% reliability

Series B to accelerate multi-agent web search and data governance

The $47 million Series B funding announced alongside the platform will be used to accelerate research in multi-agent web search and further develop the governed data layer.

The round saw participation from a wide ecosystem of investors, including Target Global, Square Peg, Hetz Ventures, Slow Ventures, R-Squared Ventures, J-Ventures, and InvestInData.

Andrew Ferguson, VP of Databricks Ventures, noted that Nimble complements their Data Intelligence Platform by providing a “real-time web data layer” that extends workflows beyond internal sources. This strategic investment signals a shift in the industry toward prioritizing “external truth” to ground mission-critical AI applications.

For Knorovich, the future of the web belongs to programmatic interaction. “Programmatic web search is where we are building towards,” he concluded. By moving away from legacy data vendors and brittle scrapers, Nimble aims to provide the real-time structure needed for AI to act with confidence in the real world.

IBM’s $40B stock wipeout is built on a misconception: Translating COBOL isn’t the same as modernizing it

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly $40 billion from IBM’s market cap — the company’s biggest single-day drop in 25 years — pricing the announcement as an existential threat to IBM’s mainframe business.

The reaction was swift. It was also built on a fundamental misreading of why enterprises run mainframes in the first place.

IBM’s COBOL is 66 years old. It was designed in 1959, runs on IBM mainframes, and continues to power transaction processing systems with an estimated 250 billion lines of COBOL in active production, according to the Open Mainframe Project.

The engineers who wrote it are retiring; the ones replacing them largely cannot read it. For decades, that skills gap has been one of enterprise IT’s most expensive unsolved problems — and one IBM has been working to fix with AI since at least 2023, when it launched watsonx Code Assistant for Z to help migrate COBOL to modern Java.

Claude Code, Anthropic says, can now analyze entire codebases, map hidden dependencies, and generate working translations of code that most engineers today cannot read. For enterprises running COBOL on distributed platforms — Windows, Linux and other non-mainframe environments — that capability is genuinely useful and increasingly practical.

The actual barrier was never technical

“Modernizing COBOL has been a technically solved problem for a while,” Matt Braiser, analyst at Gartner, told VentureBeat. “The real problem is that the costs of modernization are high and the ROI is low.”

Amazon and Google have been offering AI-powered COBOL migration tools for years. AWS Transform and a comparable Google Cloud Platform service both targeted the same problem: reducing friction for customers looking to move mainframe workloads to the cloud.

“This is basically one more source of competition,” Raj Joshi, senior vice president at Moody’s Ratings, told VentureBeat. “IBM has always lived in a very competitive domain. On the margin, this thing is basically negative, no question about that. There’s one more powerful competitor. But IBM has coexisted with these threats.”

Steve McDowell, chief analyst at NAND Research, cuts to the structural argument: “Applications don’t run on mainframes because they’re written in COBOL,” he said. “They run on mainframes because mainframes deliver a class of determinism, scalable compute and reliability that general purpose servers can’t match.”

The issue runs deeper than market positioning. “GenAI tools are helpful, but their non-deterministic nature means the resulting code is not consistent — the same operation will be implemented in different ways in different parts of the code,” Braiser said. “Leading tools combine deterministic and non-deterministic approaches. None of this solves the ROI problem, though.”

What COBOL translation leaves unsolved

“Translating COBOL is the easy part,” IBM communications director Steven Tomasco told VentureBeat. “The real work is data architecture redesign, runtime replacement, transaction processing integrity, and hardware-accelerated performance built over decades of tight software and hardware coupling. That is the problem IBM has spent decades learning to solve, and AI is the most powerful tool we have ever had to do it.”

According to IBM, Royal Bank of Canada, the National Organization for Social Insurance and ANZ Bank have all used watsonx Code Assistant for Z to accelerate modernization of COBOL code without moving off IBM Z.

That does not mean Anthropic has no competitive foothold. For enterprises running COBOL outside the mainframe — on distributed systems, Windows and Linux environments — Claude Code enters a space where IBM’s vertical integration is less of an advantage. “IBM understands mainframe technology at a level that others can’t match. If I’m only looking at COBOL, I’m using IBM’s watsonx,” McDowell said. “Anthropic, however, has a broader footprint within a lot of development teams, where a single vendor makes it worthwhile.”

What enterprise buyers should actually do

Senior data and infrastructure engineers will spend the next few weeks fielding questions from executives who saw the headlines and assumed the hard problem just got solved. It did not.

“It’s COBOL, but there are numerous applications tied to it,” Joshi said. “It’s not like you transform millions of lines and somehow you are ready to go to cloud. It’s a massive risk assessment, dependencies and all those things.”

The more useful question for buyers is whether this week’s noise creates an opening. Braiser thinks it does.

“They should use the resulting board-level and shareholder discussions to review postponed modernization initiatives and see if any of them now have ROI,” Braiser said.

McDowell was blunt on the competitive question. “Will Anthropic take business from IBM’s tool? Yes, of course,” he said. “But I’d be surprised if that tool was making significant revenue for IBM.”

Chirag Mehta, analyst at Constellation Research, cautioned that IT leaders should not react emotionally or rewrite strategy overnight.

“Treat this as a reason to run a small, bounded pilot to measure outcomes, not as a reason to rip and replace vendors,” Mehta told VentureBeat.

Mehta suggests that enterprises pick one well-scoped application slice or workflow with clear inputs and outputs, and evaluate approaches apples-to-apples: quality of dependency mapping, quality of recovered business logic documentation, test coverage and equivalence checks, performance and reliability regressions.

In Mehta’s view, the bigger reminder is that modernization is more than converting code. The hard parts are extracting institutional knowledge, reworking processes and controls, change management, and containing operational risk in systems that cannot break. AI can compress the “analysis and translation” work, but it does not eliminate the governance and accountability burden.

“The teams that win will treat AI as an accelerator inside a disciplined modernization program, with measurable checkpoints and risk guardrails, not as a magic conversion button,” Mehta said.

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