Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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 ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
LDB Capital Corp. (TSXV: LDB.P) (“LDB”, the “Company” or the “Resulting Issuer”), a capital pool company pursuant to Policy ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
Introduction The proliferation of deepfake technology, synthetic media generated using advanced artificial intelligence techniques, has emerged as a ...
Breaking Traditional Encryption Protocols: Quantum Computing and the Future of Secure Communications
Introduction Envision our digital world as a sprawling universe filled with glittering constellations of encrypted data, each packet of information ...
News from the week beginning February 9th includes @CybageSoftware, @Deel, @Expereo, @Freshworks, @NetSuite, @Nintex, @Panasonic, @Percona, @ThomsonReuters,@ WSO2, @Zoho ...
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
Asianet Newsable on MSN
IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM stock on Monday.
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