IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...
IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude ...
Izzi Software, owner of ColeSoft, the leading provider of debugging solutions for IBM mainframe environments, announces the ...
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe ...
Specifically with mainframes, LLMs perform comparatively poorly at reading and writing mainframe code because there is very little data for them to train on. Zorse aims to solve these challenges by ...
Compliance, security, operational analytics, and AIOps are the top priorities for organizations investing heavily in mainframes, according to the 2024 BMC Mainframe Survey, which is in its 19th year ...
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