COBOL is a computer language used for business data processing and IBM is a leader in that area.

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...

IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

IBM stock dropped 13% on Monday after an Anthropic blog post highlighted another use for Claude Code. The AI firm said its tool could help companies modernize their legacy code. Anthropic's flurry of ...

The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...

International Business Machines or IBM became the latest victim of the rapidly expanding AI power of Anthropic on Monday as the artificial intelligence company shared an update. IBM stock price on ...

IBM, Accenture, and Cognizant have significant legacy system modernization practices that generate revenue from helping organizations update decades-old COBOL systems. Anthropic’s new tool, Claude ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...