If those same AI workloads can be handled by cheaper models without affecting quality, it would mean a massive shift in the economics of AI.

Anthropic's new tools are designed to help law firms automate specific clerical functions — things like document search and review, case law resources, deposition prep, document drafting, and other related areas.

The two wildly fast-growing rivals have raised massive sums, pushed into each other's home turf, and now have dueling ad campaigns.

Investors like Sequoia, Andreessen Horowitz, Kleiner Perkins, and Elad Gil can't get enough of AI legal tech startup Harvey.