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IBM Shares Plummet 13%—Worst Day Since 2000—After Anthropic Launches Programming AI Tool
The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.
IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...
Shares of International Business Machines tumbled 13% Monday, their worst single-day move since October 2000. The stock began ...
IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.
IBM's next-gen FlashSystem storage arrays combine agentic AI, hardware-native ransomware detection, and record capacity for ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
Are AI tools from Anthropic and other players on the verge of disrupting IBM's growth story?
International Business Machines Corporation is now rated a Buy as the recent AI-driven selloff has created a compelling valuation opportunity. Learn more about IBM stock here.
Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...
Gucci faced criticism over AI-generated ads ahead of Milan Fashion Week, highlighting the tension between luxury ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
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