Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
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 Register on MSN
IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2023 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 ...
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 ...
After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.
Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...
A blog post by Anthropic pointing out that Claude Code can refactor legacy COBOL applications appears to have sent IBM’s share price down by double ...
The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...
AI has sparked a new round of conversation about Cobol, with tools emerging that claim to translate legacy code and, with it, solve the modernisation challenge. It is worth being precise about what ...
Update implements Jakarta EE 11 platform and brings support for Jakarta Data repositories and virtual threads.
Java is becoming more popular for building AI applications, with 62% of respondents in Azul’s just-released 2026 State of Java Survey and Report relying on Java for AI development. Last year’s report ...
The Full Stack Developer will contribute to the design, development, and maintenance of web applications using Angular (frontend) and Node.js (backend). The role operates within an Agile Scrum ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results