IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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 ...
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IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...
Veteran venture capitalist says making AI a public-sector utility will help ‘truly democratize’ the technology’s capabilities ...
MUMBAI- Infosys CEO and Managing Director Salil Parekh on January 14 denied claims that any Infosys employee was detained or deported by US authorities, responding to a viral post on social media that ...
The new 30-acre campus will be built in phases, adding 2,500 jobs and strengthening Mohali’s IT ecosystem Infosys will expand its presence in Mohali with a new campus, investing Rs 300 crore, Punjab ...
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, ...
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