A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...
Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL ...
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IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...
COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...
A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...
COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe ...
The COBOL programming language was created in 1959 and has been widely seen as obsolete for decades. Yet there are still a fair number of software systems based on the language. The economic stresses ...
The 60-year-old programming language that powers a huge slice of the world’s most critical business systems needs programmers Some technologies never die—they just fade into the woodwork. Ask the ...
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