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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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IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
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 ...
Updates to GitHub Copilot in VS Code provide the same C++ symbol context and CMake build configuration awareness as Microsoft’s C/C++ DevTools and CMake Tools extensions.
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding ...
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.
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