AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding ...

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

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

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic. International Business Machines' stock is the latest big software loser ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...

New agent step in Opal figures out the right tools and models it needs to accomplish the user’s objective, Google said.

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 ...

AWS has removed its legal protections for customers using its video transcoding and streaming services, potentially exposing them to patent infringement claims from codec rights holders. The change ...

Design-first and Bugfix workflows add flexibility to Kiro’s spec-heavy model, but analysts are split on whether the changes will result in increased adoption.