AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap.

From Classroom to Enterprise: The Ring Programming Language and Softanza Library Power Education and Banking in Niger ...

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

Celebrating Ten Years of Innovation, Leadership, and Lasting Impact Bert’s decade of contributions has shaped Ring in ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

IBM shares tumbled after Anthropic blogged about how Claude Code could help businesses modernize legacy systems that use an ...

Unofficial solutions, while functional, were often brittle and prone to timeout issues. Remote Control replaces these ...

Researchers at the University of Tuebingen, working with an international team, have developed an artificial intelligence that designs entirely new, sometimes unusual, experiments in quantum physics ...

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...

IBM's stock price plummeted over 10% after Anthropic unveiled an AI tool capable of swiftly modernizing outdated COBOL computer systems.