The capital market is likely to be a battleground between traditional businesses and artificial intelligence start-ups, as tech investors expect both to survive AI-driven disruption through mergers and acquisitions (M&As).The outlook follows the launch of new agentic products by start-ups like Anthropic, which pushed investors to view AI as a potential replacement for the business models of established industry leaders, triggering an “AI scare trade” in January in listed software, wealth...