IBM shares dropped 13% on Feb. 23, on fears that Anthropic's Claude Code AI would accelerate COBOL modernization and undermine the mainframe business. AI can help translate legacy code, but it can't ...

International Business Machines (NYSE: IBM) shares took a 13% nosedive on Feb. 23, their worst single-day drop in over 25 years. The culprit? Fears that Anthropic's Claude Code AI would make COBOL ...

Putting COBOL aside for the moment, one of IBM's key business focuses has been to help companies build hybrid cloud systems. Essentially, that means that a company has data stored on both an external ...

International Business Machines has been helping customers build out their AI assets. IBM’s business supporting companies using COBOL suddenly became an issue due to advances in AI programming. AI is ...

Abstract: Several essential services, such as cellular phones, the Internet, television, navigation, weather prediction, and remote sensing, rely on satellites in low-Earth orbits, the technology for ...

Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo AI-generated summary reviewed by our newsroom. Read our AI ...