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

Elon Musk's AI venture, xAI, reportedly delayed a Grok chatbot update due to dissatisfaction with its knowledge of 'Baldur's ...

Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company's most stable businesses.

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...

Researchers once struggled to understand unconventional solutions developed by artificial intelligence. A new approach leads ...

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

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can understand and modernise COBOL, a programming language created in the 1950s that ...

How Fast Will A.I. Agents Rip Through the Economy? transcript The thing about covering A.I. over the past few years is it ...

Investors are no longer questioning whether AI will transform the economy — only whether markets are prepared for the ...