When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

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

IBM stock dives after Anthropic points out AI can rewrite COBOL fast

Big Blue has been saying this itself since 2013 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 ...
InfoQ

OpenAI Codex-Spark Achieves Ultra-Fast Coding Speeds on Cerebras Hardware

In a major shift in its hardware strategy, OpenAI launched GPT-5.3-Codex-Spark, its first production AI model deployed on ...
InfoWorld

Abandoned project linking Java, JavaScript makes a comeback

The Detroit project envisioned using JavaScript as an extension language for Java applications. Now it’s being revived with ...

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

After IBM's worst day on stock market, IBM senior vice-president Rob Thomas to everyone betting on AI: New AI tools emerge every week, what they do not change …

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

Vercel Releases React Best Practices Skill with 40+ Performance Rules for AI Agents

Vercel has launched "react-best-practices," an open-source repository featuring 40+ performance optimization rules for React and Next.js apps. Tailored for AI coding agents yet valuable for developers ...