Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Mainframes and AI? Isn't that something like a Model-T Ford with a Tesla motor? Actually, no. Mainframes are as relevant in 2022 as they were in the 1960s. IBM's new IBM z16, with its integrated ...

Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services business. IBM responded by stressing the resilience, security and integration ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

IBM has sued Platform Solutions, which aims to sell servers that will run software designed for Big Blue's mainframes, alleging patent infringement and breach of contract. IBM, which filed the suit ...

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 ...

Singapore’s DBS Bank has signed a seven-year deal with IBM to deploy the z15 mainframe as part of its mainframe modernisation efforts. The z15, which has a smaller, more energy efficient footprint, ...

IBM has acquired Platform Solutions, a vendor of mainframes and other computer hardware, in a move that raised antitrust concerns from one IT trade group. IBM’s acquisition of Platform Solutions, ...

IBM last week announced a plan to create “virtual servers” for corporate users connected to mainframes running in its data centers, provided that the users are willing to run applications on a Linux ...