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 ...

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

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

Intuit lost 42% of its market cap as AI agents threaten to replace QuickBooks and TurboTax. Here's what the company says agents can't replicate.

AI has sparked a new round of conversation about Cobol, with tools emerging that claim to translate legacy code and, with it, solve the modernisation challenge. It is worth being precise about what ...

The catalyst for the downturn was a product announcement from AI firm Anthropic. Its newly introduced tool, "Claude Code," is designed to efficiently modernize systems built on the COBOL programming ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

The surge of attention around recent artificial intelligence releases has amplified fears across markets even though the ...