When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.
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IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain

IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol, ...

AWS: Why agentic AI marks an inflection point for enterprise modernization

Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...

Databricks streaming data ingestion service is now available

Databricks Inc. today announced the general availability of Zerobus Ingest, a new serverless service within its Lakeflow Connect suite that simplifies and accelerates real-time data ingestion into the ...
InfoQ

Platform Engineering Labs Expands formae with Multi-Cloud Support

Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...

‘It’s going to be painful for a lot of people’: Software engineers could go extinct this year, says Claude Code creator

Boris Cherny says Claude Code has been writing all of his code since November.

Researchers on the Ring programming language team have published a paper on using Claude Code to build a TUI framework

A practical evaluation of using AI‑assisted coding to construct a TUI framework for the Ring programming language This ...