Market Chatter: Meta, Microsoft Cut Internal Use of Anthropic's Claude

MT newswire2026/10/05 18:59

02:59 PM EDT, 10/05/2026 (MT Newswires) -- Meta Platforms (META) and Microsoft (MSFT) are reducing employees' use of Anthropic's Claude as they push their own artificial intelligence tools, The Information reported Monday, citing people familiar with the matter. Microsoft has cut its projected internal spending on Anthropic's technology by more than a third, while Meta's Claude Code users have fallen to about 30,000 from roughly 60,000 earlier this year, the report said, citing unnamed sources. Microsoft has urged employees to prioritize non-Anthropic models through GitHub Copilot, while Meta has promoted its own coding tools, including Muse Code and MetaCode, according to the report. Meta, Microsoft and Anthropic did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 742.66, Change: +14.58, Percent Change: +2.00

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

UK names 6 banks to lead first digitally native government bond

Cointelegraph•2026/10/06 19:27

Altaris Completes Acquisition of Simulations Plus

02:57 PM EDT, 10/06/2026 (MT Newswires) -- Simulations Plus (SLP) said Tuesday that affiliates of Altaris have completed the acquisition of the company. The transaction price was $375 million, with each Simulations shareholder receiving $18.50 in cash per share, according to an earlier statement. As a result of the acquisition, Simulations said it has become a privately held company and its common stock will no longer trade on the Nasdaq Global Select Market.

MT newswire•2026/10/06 18:57

Ondo Finance brings pre-IPO AI exposure on-chain — But there’s a catch

AMBCrypto•2026/10/06 18:39

Philippines: One more BSP hike expected in October - Standard Chartered

FXStreet•2026/10/06 18:36