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

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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 ...

Philippe Laffont is not only a billionaire but also a member of an elite group of investors known as the Tiger Cubs. All ...

Anthropic claims Chinese AI labs ran large-scale Claude distillation attacks to steal data and bypass safeguards.

By Jaspreet Singh Feb 23 (Reuters) - Shares of cybersecurity companies including CrowdStrike and Datadog slumped on Monday, ...

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