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

A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...

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 ...

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

You’d think a computer programming language created in 1959 would be outdated — but you’d be incredibly wrong. Most people know Java and C++, but good ol’ COBOL is still alive and kicking. In the US, ...

Last summer, Michael Vu, a 40-year-old independent IT consultant, found himself in a wholly unexpected place midway through his career. He’d signed a three-week contract to help a major U.S. retailer ...