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 ...

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 ...

The stocks of major cybersecurity companies have fallen sharply over fears that AI is disrupting the industry.

AI is steadily moving into India’s BFSI sector, improving fraud checks and efficiency, but humans still remain the task masters ...

The Trump administration has given Anthropic an ultimatum to remove AI safety restrictions on its Claude model or face ...

A Citrini Research report that warned of a doomed economy due to AI has been partially blamed for a sell-off in software and payments stocks on Monday.

IBM (NYSE: IBM) shares are rebounding Tuesday after plunging more than 13% Monday following concerns about AI disruption. The sell-off came after Anthropic promoted its Claude Code AI assistant, which ...

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

Some investors now worry that artificial intelligence is too good at certain tasks and could be causing permanent disruption ...

IBM ( IBM +2.70%) stock got hit hard in Monday's trading as fears that artificial-intelligence (AI) technologies could disrupt the company's common business-oriented language (COBOL) tech stack. The ...