Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

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

New virtualization tools keep sprouting

Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new software, related tools and lingo from the IT and mainstream/consumer side. Some ...

Red Hat readies its metal-to-agent AI infrastructure stack for hybrid cloud deployments

Red Hat Inc. said today it’s gearing up its artificial intelligence ambitions with the launch of a new platform called Red Hat AI Enterprise that’s meant to make it easier to deploy and manage models, ...
Technobezz on MSN

IBM stock plunges 13% after Anthropic AI challenges core business

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

IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization

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 ...
Analytics Insight

Artificial Intelligence: Principles and Techniques, Stanford University

Stanford University is offering an online graduate course Artificial Intelligence: Principles and Techniques to provide students with complete knowledge of curr ...