Blackbaud rises on Anthropic partnership

Blackbaud

02/12/2025 14:47

** Shares of cloud software provider Blackbaud BLKB.O up 3.2% at $59.20

** BLKB announces partnership with AI startup Anthropic to launch new 'Claude for Work connector,' which will allow nonprofit professionals to access BLKB data

** "Blackbaud's data and expertise, combined with Claude's secure, actionable insights, will empower nonprofit professionals to deepen relationships, unlock new opportunities, and accelerate mission-driven work," Anthropic executive Elizabeth Kelly says

** Up to last close, BLKB had fallen ~22% YTD

 (Reporting by Arnav Mishra in Bengaluru)

 ((Arnav.Mishra@thomsonreuters.com;))