Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

IBM shares plunged earlier this week on concerns its core mainframe business was facing competition from AI. What's next for the tech titan? Seeking Alpha analysts weigh in.

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Mainframes are no longer seen as a constraint on public sector digital transformation, with government agencies abandoning rip-and-replace strategies in favour of modernising mainframe systems with hy ...

In recent weeks, Google announced an agentic Universal Commerce Protocol (UCP) to eliminate the need for retailers to ...

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

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

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