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 ...
Rolling coverage of the latest economic and financial news ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results