On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

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

Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

From decades of tangled COBOL logic to modern systems, AI changes everything for developers handling legacy code ...

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...

A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...