On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
Bob van Luijt, Co-Founder and CEO of Weaviate—which he launched as an open-source vector search engine in March 2019—shared ...
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.
Backed by The Chainsmokers, the ProducerAI platform allows users to write natural language requests — something like “make a ...
The surge of attention around recent artificial intelligence releases has amplified fears across markets even though the ...
7 AI coding techniques that quietly make you elite ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.