COBOL is a computer language used for business data processing and IBM is a leader in that area.

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

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

COBOL is a programming language widely used on IBM mainframes across banking, insurance and government systems ...

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Overview Programming languages are in demand for cloud, mobile, analytics, and web development, as well as security. Online ...

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IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...

Nvidia CEO Jensen Huang says English could become the most powerful programming language as AI reduces the need for traditional coding and shifts focus toward intent-driven human-machine interaction.