Boris Cherny is the lead engineer at AI giant Anthropic, best known as the creator of Claude Code, a tool made to help ...

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

Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company's most stable businesses.

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

The rise of BaaS platforms has helped fuel this in recent years. According to a study from Research and Markets, the global market for BaaS was valued at $29.5bn in 2024, and it is projected to reach ...

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

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can understand and modernise COBOL, a programming language created in the 1950s that ...

Plunge in IBM shares comes as fears of an artificial intelligence bubble grips the stock market Matthew Field is a Senior Technology Reporter covering the UK tech sector. He has covered social media ...