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AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market ...

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

Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new ...

Discover how quantitative analysts, or quants, use advanced mathematical models to predict market trends and identify ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

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

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