The dispute centres on the use of the "Anthropic" brand name. The Belagavi startup has accused the US company and its Indian subsidiary of infringing on its brand identity and has sought legal protection.
Shares of companies in the cyber security solutions space have nosedived after America-based AI company Anthropic PBC unveiled a tool that is capable of autonomously finding and patching possible software vulnerabilities.
The surge in funding has been fueled by billion-dollar mega-rounds from major players such as OpenAI LLC and Anthropic PBC, underscoring the growing enthusiasm and confidence in GenAI's transformative potential.