Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new ...

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

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market ...

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

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Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

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