A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

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IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

💥BREAKING: This tweet from Claude AI just wiped out over $15 BILLION from cybersecurity stocks. Millions of jobs and companies just got replaced. https://t.co/uxfqUTHI0U pic.twitter.com/Ak55FTSG7p ...

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

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