Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

The selloff was triggered by a post from Anthropic outlining how its Claude Code tool can significantly automate the analysis and modernisation of legacy COBOL code. COBOL is a programming language ...

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Researchers once struggled to understand unconventional solutions developed by artificial intelligence – a new approach at the University of Tübingen leads to faster and better understanding ...

Of interest, the iShares Expanded Tech-Software Sector ETF (IGV) continued to lose ground on Monday, down nearly 5.0% and on ...

IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol, ...

Shares of computing and tech giant International Business Machines (IBM) saw their steepest daily drop ​in more than 25 years on Monday, after ...

IBM stock closed 13.15% lower at $223.35 on NYSE wiping out more than $31 billion in market cap after the AI startup Anthropic announced that Claude can streamline COBOL code.

IBM experienced a significant decline in its stock value, dropping 13.2%—its largest single-day fall in over 25 ...

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