Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ‘casualty’ of this was the legendary firm IBM, whose stocks fell.
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
AI tools are fundamentally changing software development. Investing in foundational knowledge and deep expertise secures your career long-term.
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
Fabien Deshayes discusses the strategies behind Monzo’s Developer Velocity squad. He explains the "Platform as a Product" mindset, emphasizing the need for engineers with product acumen and tenure. He ...
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IBM Stock Plunges 13% After Anthropic AI Challenges Core Business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..
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