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On February 25th, as reported by Bloomberg, amidst investor apprehensions regarding AI's potential to disrupt the software sector, Aneel Bhusri, CEO of Workday—a U.S.-based financial and human capital management software firm—revealed that prominent AI entities like Anthropic, Google, and OpenAI are all utilizing its products. Workday specializes in crafting office software tailored for payroll processing and personnel administration. Since the onset of this year, Workday's stock value has experienced a sharp decline, dropping by roughly 40%. Bhusri underscored the enduring significance of Workday's software in the AI age, highlighting its role as a reliable record-keeping system. This system necessitates impeccable accuracy and swift transaction handling, all while adhering to international regulatory standards.
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