Anthropic’s claim that its AI coding tool Claude can understand and modernise programming language Cobol sent IBM shares down ...

Shares of US software firms partnered with AI startup Anthropic surged, leading a sector rebound, following fears over AI's disruptive impact. Details are here.

Anthropic expands Claude Cowork with enterprise plugins and connectors, triggering jitters over AI’s impact on jobs and software stocks.

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.

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

February has seen a downturn in US equity markets as tech stocks suffer from fears of AI disruption. Key players like IBM and CrowdStrike have reported substantial losses, leading investors to pivot ...

IBM Share Price Drop: "Modernizing a COBOL system once required armies of consultants ⁠spending years ‌mapping workflows.

Investors were looking anew for signs of a bottom in beleaguered shares of software companies ‌on Tuesday after an announcement that artificial intelligence startup Anthropic was partnering with an ...

A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...

Dean Ball, senior fellow at the Foundation for American Innovation and former senior policy advisor on AI in Trump’s White ...