IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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Bloomberg Philanthropies Mayors Challenge winners use AI and resident input to improve city services
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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 ...
When Anthropic announced the start of testing on Friday, security vendors, and the markets, sat up and took notice. But is ...
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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 decline..
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