Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

Anthropic's new AI tool jolts IBM - What happened and why it matters

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

How To Use GenAI Tools To Boost Productivity In 2026—Without AI Slop

Productivity is being lost, because too many teams are drowning in AI slop, and endless “almost useful” drafts that look impressive but don’t move the work forward.
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El Paso Water maintains Meta contract finalized in 2023 after social media exchange

A social media exchange this week between El Paso Water and a local community coalition has led to formal clarification from ...