The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

A practical evaluation of using AI‑assisted coding to construct a TUI framework for the Ring programming language This ...

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

IBM shares tumbled after Anthropic blogged about how Claude Code could help businesses modernize legacy systems that use an ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

Shares of International Business Machines recorded their steepest daily drop in more ‌than 25 years on Monday, after AI ...

Anthropic's new AI tool for finding and fixing code vulnerabilities has triggered sharp market reaction in select markets and renewed debate over how much AI can reshape application security industry ...

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

With the recent evolution of vibe coding tools, it is increasinfly clear that the single-purpose app market might not be long ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...