IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...

Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

International Business Machines is insulated from AI disruption due to its mission-critical, deeply integrated enterprise software and hardware solutions. IBM's mainframes and core systems remain ...

IBM has launched its first Infrastructure Innovation Centre in Bengaluru, bringing together engineering teams to accelerate development of secure and scalable enterprise AI and infrastructure systems ...

Analysts are currently placing the price target for IBM stock well above its current price of $239. Yahoo! Finance shows that the average price target is at $321, and TipRanks, an aggregator of Wall ...

Still one of the biggest names in the computing world, IBM (NYSE:IBM) shed over 16% year to date heading into mid-March, a ...

Plunge in IBM shares comes as fears of an artificial intelligence bubble grips the stock market Matthew Field is a Senior ...

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—the ...

Companies are spending enormous sums of money on AI systems, and we are now at a point where there are credible alternatives ...