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IBM stock plunges 13% after Anthropic AI challenges core business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock ...
Stocktwits on MSN
IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week ...
IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol, ...
The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...
To meet the highest standards in that effort, he acknowledged that he had allowed Danantara to recruit foreign nationals, or expatriates, to lead state-owned enterprises (SOEs). “We want the best ...
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