AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

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

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

Coffee has become more than just a pre-game boost for these current and retired NFL players. Their caffeine-fueled ventures ...

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' stock is the latest big software loser ...

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 ...

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

IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...

Citrini Research’s post on AI risks appears to have sparked a stock selloff.

For investors to wade back into the software sector, they “want and need to see the stocks stop trading down on new AI headlines,” one analyst says.

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

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