With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
Elon Musk's AI venture, xAI, reportedly delayed a Grok chatbot update due to dissatisfaction with its knowledge of 'Baldur's ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new software, related tools and lingo from the IT and mainstream/consumer side. Some ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...
NDTV Profit on MSN
IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...
Asianet Newsable on MSN
IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM ...
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
Technobezz on MSN
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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