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

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Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

Generative AI is a type of artificial intelligence designed to create new content by learning patterns from existing data.

Canada’s tech scene is really taking off. It feels like every day there’s news about new companies, new jobs, and new ways technology is changing things. Big cities are becoming huge tech centers, ...

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 ...

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International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...