Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

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

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

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

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

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

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

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

OpenAI introduces Harness Engineering, an AI-driven methodology where Codex agents generate, test, and deploy a million-line ...

OpenAI has recently published a detailed architecture description of the Codex App Server, a bidirectional protocol that decouples the Codex coding agent's core logic from its various client surfaces.

A blog post by Anthropic pointing out that Claude Code can refactor legacy COBOL applications appears to have sent IBM’s share price down by double ...