IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...

Shares of Infosys surged as much as 5 per cent to Rs 1,430.95 on the BSE on Tuesday after the IT major announced a strategic collaboration with Anthropic, offering relief to investors worried about ...

India's three IT major TCS, Infosys and Wipro are expected to see contract cancellations accelerate through 2027 as artificial intelligence tools increasingly replace outsourced human coding, ...

Infosys 500209-0.91%decrease; red down pointing triangle has agreed to work with Anthropic to develop and deliver artificial-intelligence services to businesses in complex, regulated industries. The ...

Infosys co-founder and Chairman Nandan Nilekani has warned that AI is fundamentally transforming the nature of technology jobs, with traditional coding set to lose its central role in software ...

Did our AI summary help? IT major Infosys has expanded its collaboration with ExxonMobil to develop and deploy immersion cooling technologies aimed at improving energy efficiency in AI and ...

Infosys AI Strategy and Growth Themes at its Investor AI Day 2026 Highlights: The tech sector has been in the eye of the storm lately on AI concerns, and against that backdrop, the Infosys Investor AI ...

BENGALURU, Feb 17 (Reuters) - Infosys unveiled a partnership with Anthropic on Tuesday, days after investor concerns that AI tools would disrupt the ‌traditional business models of Indian IT services ...

Bengaluru, Feb 17: Nandan Nilekani, Co-founder and Chairman of Infosys, said on Tuesday that artificial intelligence (AI) will fundamentally change how software is built and deployed, adding that ...

IT stocks came under heavy selling pressure on Thursday, February 12, following a sharp sell-off in global technology stocks amid renewed concerns around disruptions caused by AI-led start-ups.