From decades of tangled COBOL logic to modern systems, AI changes everything for developers handling legacy code ...
A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
Big Blue has been saying this itself since 2013 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
IBM shares slumped on Monday, February 23, 2026, after Anthropic said its AI could speed up COBOL modernization. The stock ...
IBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop since 2000. The trigger was not earnings. It was an AI blog ...
Rocket Software, a global technology leader in modernization software, is adding groundbreaking innovations to its COBOL solutions designed to help businesses update COBOL applications without ...
As the Common Business Oriented Language, COBOL has a long and storied history. To this day it’s quite literally the financial bedrock for banks, businesses and financial institutions, running largely ...