Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

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

When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

Explained: Why AI threat to COBOL is worrying for IBM?

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...
Indiatimes

Infosys-Anthropic pact reignites question: Turning AI risk into opportunity for Indian IT?

Shares of Infosys surged as much as 5 per cent to Rs 1,430.95 on the BSE on Tuesday after the IT major announced a strategic collaboration with Anthropic, offering relief to investors worried about ...
The Financial Express

OpenAI teams using Codex AI to generate full apps, raising questions about future of coding

Software developers are getting more and more signs every day that AI is going to render them jobless. The advancement of models like AI LLM models like that of Anthropic, which has released Claude, ...
TechRepublic

TIOBE Index for February 2026: Top 10 Most Popular Programming Languages

TIOBE Index for February 2026: Top 10 Most Popular Programming Languages Your email has been sent February’s TIOBE Index shows a leaderboard that looks steady at first glance, but small shifts beneath ...