IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...
The Massachusetts Attorney General’s lawsuit is the latest in a series of state legal actions against one of the world’s ...
A flash alert published on Thursday by the FBI warns of an increase in malware-enabled ATM jackpotting attacks in the United ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
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2dOpinion
IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization
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 ...
What's CODE SWITCH? It's the fearless conversations about race that you've been waiting for. Hosted by journalists of color, our podcast tackles the subject of race with empathy and humor. We explore ...
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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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