AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market ...

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap.

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns ...

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

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

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

TL;DR: Minecraft has long been a platform for impressive feats by modders, from recreating massive structures to running computer systems within the game. Now, a new project takes this creativity to ...