Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...
IBM shares slumped on Monday, February 23, 2026, after Anthropic said its AI could speed up COBOL modernization. The stock ...
IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.
Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...
IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.
COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...
Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center ...
Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...
In response, IBM said that translating COBOL was the easy part and that the real work is "data architecture redesign, runtime ...