Microsoft shares dropped 3% in a sudden intraday move on November 10 after Anthropic announced workplace tools that could compete with its Office suite, CNBC reported. The announcement expands Claude’s role in everyday business tasks, from building spreadsheets to analyzing company data.
Anthropic’s rollout introduces Claude Sheets and Claude Whiteboards in beta on paid plans, while Claude Data, previously called Dashboards, becomes generally available. Sheets lets teams create and edit spreadsheets with multiple tabs, formulas, formatting and drop-down menus alongside the assistant.
Whiteboards gives colleagues a shared canvas for brainstorming, organizing ideas and turning discussions into timelines or action items. Claude Data connects to business data sources to build dashboards and visual stories; its certified-query and live-sharing features remain in beta.
Anthropic says Sheets currently offers basic spreadsheet functionality. Users who need Excel’s full capabilities can export files to .xlsx or CSV, or use Claude for Excel. The launch adds an alternative place to work with company information while retaining routes back into existing software.
The new office tools bring more collaborative work directly into Claude, extending its competition with Microsoft’s productivity products. Anthropic also previewed Claude Meetings for note-taking and document updates during calls, but that feature is coming later. The 3% stock move reflects CNBC’s intraday snapshot, rather than a closing result.