IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
International Business Machines Corp shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...
The Register on MSN
IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2013 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 ...
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IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...
Pushing Copilot on customers raises antitrust concerns as the end of Windows 10 forces hardware purchases and customer ...
Citrini Research’s post on AI risks appears to have sparked a stock selloff.
IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, adding beta support for Google Cloud Platform (GCP), Microsoft Azure, Oracle ...
New data centres are springing up worldwide as demand soars for artificial intelligence and cloud computing, with Asia one of ...
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