A recent Anthropic study reveals that nearly 70% of tasks for programmers, customer service representatives, and data entry operators are already automated, placing these roles at high risk of ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM shares tumbled after Anthropic blogged about how Claude Code could help businesses modernize legacy systems that use an ...

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

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 ...

Anthropic is making its boldest enterprise push yet with Claude Cowork, rolling out private plug-in marketplaces, deep integrations, and AI agent tools that are reshaping corporate adoption and ...

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

IBM’s Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise syst ...

On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...

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 ...

Anthropic's annual revenue is nearing $20 billion, driven by strong AI product adoption, despite a recent standoff with the Pentagon.