The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...

IBM (NYSE: IBM) today released the 2026 X-Force Threat Intelligence Index, showing that AI-accelerated cyberattacks are ...

Are AI tools from Anthropic and other players on the verge of disrupting IBM's growth story?

The selloff of IBM began after Anthropic announced that its Claude Code tool could automate the modernization of COBOL.

A blog post by Anthropic pointing out that Claude Code can refactor legacy COBOL applications appears to have sent IBM’s share price down by double ...

IBM (NYSE: IBM) today released the 2026 X-Force Threat Intelligence Index, revealing that cybercriminals are exploiting basic ...

IBM's next-gen FlashSystem storage arrays combine agentic AI, hardware-native ransomware detection, and record capacity for ...

Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.