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 ...
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Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...
Zeta Global Holdings Corp. ( ZETA) Morgan Stanley Technology, Media & Telecom Conference 2026 March 2, 2026 5:35 PM EST ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.