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 ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech giant.

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

IBM Corp. today made clear its intention to stay at the forefront of generative artificial intelligence development, announcing a host of updates to its year-old watsonx platform, including a new ...

IBM ( IBM 1.45%) stock got hit hard in Monday's trading as fears that artificial-intelligence (AI) technologies could disrupt the company's common business-oriented language (COBOL) tech stack. The ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

IBM Research recently announced it’s open sourcing its Granite code foundation models, a key element within IBM’s broader family of Granite foundation models. IBM Research introduced its Granite ...