For founders and investors, Anthropic's new offering signals that the AI platform wars are expanding downmarket and that the next major battleground for user acquisition isn't the Fortune 500; it's the 36 million small businesses that make up the backbone of the U.S. economy.
Anthropic's new tools are designed to help law firms automate specific clerical functions β things like document search and review, case law resources, deposition prep, document drafting, and other related areas.
The rise of AI has brought an avalanche of new terms and slang. Here is a glossary with definitions of some of the most important words and phrases you might encounter.