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 ...

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

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

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

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

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

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

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 ...

VisionWave Holdings, Inc. engages in revolutionizing defence capabilities by integrating artificial intelligence (AI) and autonomous solutions across air, ground, and sea domains. The company focuses ...

Discover how quantitative analysts, or quants, use advanced mathematical models to predict market trends and identify lucrative investment opportunities.

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

Cloud seeding programs are now taking place in more than 50 countries across the globe, according to the World Meteorological Organization.