IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
A Russian-speaking threat actor used AI to plan, manage and conduct cyberattacks on organisations with misconfigured firewalls in 55 countries in January and February, according to Amazon researchers.
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
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IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..