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 ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

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

With states issuing pleas for volunteer coders, we set out to learn more about the woman-invented language powering the mainframe computers that process unemployment claims, and why there’s a shortage ...

The Open Mainframe Project is intended to serve as a focal point for deployment and use of Linux and Open Source in a mainframe computing environment. The four new projects are CBT Tape, GenevaERS, ...