IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...
International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.
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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 ...
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
OpenAI CEO Sam Altman advised young Indians against solely relying on traditional career advice, emphasizing the need to ...
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IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization
IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
When Tomahawk shut down in 2016, it was powered by a team of six. A decade later, developer J Herskowitz has vibe-coded it ...
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