AI code translation startup Code Metal reels in $125M at $1.25B valuation

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
eWeek

Code Metal Hits $1.25B Valuation With AI Code Fix

Code Metal hit a $1.25B valuation after a $125M round, using AI to translate and verify legacy code for defense and other regulated systems.
EDN

Translation moves to ‘synthetic CPU’ to borrow processor code

Manchester startup Transitive Technologies has built a binary translator for MIPS systems running Linux set-top boxes and similar designs that can execute and optimise software written for x86-based ...
CIO

Anthropic’s claim that AI can quickly refactor COBOL rattles IBM investors

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...
Fierce Healthcare

New Release of 3M Code Translation Tool Simplifies ICD-10 Conversion for Hospitals and Payers

3M Health Information Systems has released a new version of the 3M ICD-10 Code Translation Tool (3M CTT) with productivity enhancements, new code mapping features, and an ICD-10 financial impact ...
Fierce Healthcare

3M ICD-10 Code Translation Software Converts EHR Custom Problem Lists

SALT LAKE CITY, Utah—January 27, 2014—Hospital organizations and physician practices can speed ICD-10 code conversion of electronic health record (EHR) systems with the latest release of the 3M Code ...
EDN

MATLAB-to-C translation, part 3: Code generation and verification

Part 2 looks at complex functions and the role C interface constraints play in the translation process. In the first two parts of this series, we navigated the waters of MATLAB to C translation and ...