AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: Do you guys want to start out by introducing yourselves? Ben Cohen: ...