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IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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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 ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
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 ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.