IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
Docker is a widely used developer tool that first simplifies the assembly of an application stack (docker build), then allows for the rapid distribution of the resulting executabl ...
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IBM Stock Plunges 13% After Anthropic AI Challenges Core Business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..
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