Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL on mainframes, raising questions about ...

Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...

Quick Read IBM (IBM) shed 15.9% year to date after Anthropic’s Claude Code tool threatened to automate COBOL modernization, IBM’s highest-margin consulting work, though Q4 revenue grew 12% to $19.69B ...

IBM announced that it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools, and knowledge to enhance IBM ...

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 ...

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

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 ...

Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the ...

Investors fear that the new capabilities could disrupt IBM’s mainframe business. ・Jefferies reiterated ‘buy’ on IBM after the stock slide. ・Retail investors turn ‘extremely bullish,’ arguing that the ...

Technology Integration and Benefits OpenLegacy Hub eliminates the need for heavy middleware layers, reduces operational complexity, and leverages AWS generative AI services to automate critical ...