While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

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

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.

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

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...

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 ...

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

IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...

Java and JavaScript are entirely different languages despite their similar names. Java is compiled and widely used for ...