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

OpenAI CEO Sam Altman advised young Indians against solely relying on traditional career advice, emphasizing the need to ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...

Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the company’s mainframe business against concerns raised by Anthropic’s COBOL ...

Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM ...

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

Indonesia’s Minister of Defense, Sjafrie Sjamsoeddin, visited SMA Taruna Nusantara campus in Cimahi, West Java, on Monday ...

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...