Today’s 2-Minute UK AI Brief

3 February 2026

UK AI — A daily summary of AI news most relevant to the UK.

In brief — Anthropic's launch of an AI legal tool has negatively impacted share prices of European data companies, including Pearson and Experian.

Why it matters

  • The introduction of AI tools in legal departments may disrupt traditional legal services.
  • Companies reliant on data services could face financial instability due to increased competition from AI solutions.
  • The development highlights the growing influence of AI in professional sectors, raising concerns about job security and industry practices.

Explainer

Anthropic, a US-based AI firm, recently unveiled a tool designed to automate various legal tasks such as contract reviewing and compliance workflows. This announcement has led to a significant decline in share prices for several European companies, particularly those in the publishing and legal software sectors, like Pearson and Experian. The potential for AI to streamline legal processes raises questions about the future of traditional legal services and the roles of professionals in this field. As AI technology continues to advance, industries that rely heavily on data and professional services may need to adapt quickly to remain competitive. This situation underscores a broader trend in which AI is increasingly integrated into various sectors, prompting discussions about its implications for job security and the nature of work in the legal industry. _(Note: Some sources may be older than 24 hours due to limited fresh coverage.)_

Sources: theguardian.com go.theregister.com theguardian.com go.theregister.com

anthropic ai legal europe share prices