IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can ...

While International Business Machines (NYSE: IBM) now derives most of its revenue from software and consulting, the decades-old mainframe business is still an important part of the century-old tech ...

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 ...

IBM has been criticised over its recent purchase of mainframe company Platform Solutions. The Computer & Communications Industry Association (CCIA) said the purchase of Platform Solutions (not to be ...

The global banking sector is experiencing the most significant technological shift since the introduction of the mainframe. Generative AI has moved from experimentation to board‑level priority in less ...