IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...

When Tomahawk shut down in 2016, it was powered by a team of six. A decade later, developer J Herskowitz has vibe-coded it ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.

Sample files for Azul are kept in a Simple Storage Service (S3) compatible binary large object (blob) store, and processed ...

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic.

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

Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.