The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.

Unofficial solutions, while functional, were often brittle and prone to timeout issues. Remote Control replaces these ...

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...

Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap.

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.

Extension that converts individual Java files to Kotlin code aims to ease the transition to Kotlin for Java developers.

Anthropic's new AI tool for finding and fixing code vulnerabilities has triggered sharp market reaction in select markets and renewed debate over how much AI can reshape application security industry ...

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

New funding, the appointment of President and COO Ryan Aytay, and rapidly expanding contracts position Code Metal as one of ...

A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...

IBM's stock price plummeted over 10% after Anthropic unveiled an AI tool capable of swiftly modernizing outdated COBOL computer systems.