Most investors jumped to a conclusion on Monday that's not supported by all the facts.
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...
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IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2013 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...
COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...
COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...
The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
News: COBOL is back in the AI era. Anthropic’s claim jolts IBM, Nasscom reframes tech debt as a $1.6T services prize, and ...
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