AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Azul, the trusted leader in enterprise Java for today's AI and cloud-first world, today announced that Sasol, a global integrated chemicals and energy company headquartered in South Africa, has ...
According to Precedence Research, the global software market size accounted for USD 823.92 billion in 2025 and is predicted ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...
Jim Cramer is a big fan of social media company Reddit , which reported a beat on the top and bottom lines Thursday. "I like the company very much, and I wish I could buy it today for my Charitable ...
Thanks, everyone, for joining us at Day 1 of the Morgan Stanley TMT Conference. My name is Katie Keyser. I'm on the software research team here at Morgan Stanley. Super excited to be joined by the ...