IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
The drive towards newer Java versions and updated enterprise specifications isn’t just about keeping up with the latest tech; ...
The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
As Chief Information Security Officers (CISOs) and security leaders, you are tasked with safeguarding your organization in an ...
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Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding libraries, though productivity gains were not statistically significant. Those ...
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IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
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 ...
The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...
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