COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...

IBM Share Price Drop: "Modernizing a COBOL system once required armies of consultants ⁠spending years ‌mapping workflows.

IBM shares tumbled after Anthropic blogged about how Claude Code could help businesses modernize legacy systems that use an ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

COBOL is a programming language widely used on IBM mainframes across banking, insurance and government systems ...

COBOL is a programming language widely used on ​IBM mainframes ​across banking, insurance and ⁠government systems.

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

OpenAI CEO Sam Altman advised young Indians against solely relying on traditional career advice, emphasizing the need to ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...