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.

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

Claude, Anthropic's AI chatbot, has sparked major selling of US tech stocks as its capabilities induce fear among investors ...

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 ...

AI is reshaping tech hiring. IBM expands entry-level roles as new data shows rising demand for multidisciplinary talent.

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

IBM plans to triple its entry-level hiring in the U.S. in 2026 but these jobs will have different tasks than in previous ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...