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IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2013 IBM’s share price slumped by 13 percent on Monday, seemingly caused by ...
6hon MSN
IBM is the latest AI casualty. Shares are tanking 11% on Anthropic programming language threat
COBOL is a computer language used for business data processing and IBM is a leader in that area.
IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.
International Business Machines Corp. shares plunged on Monday, after the artificial intelligence startup Anthropic said its ...
IBM's stock price plummeted over 10% after Anthropic unveiled an AI tool capable of swiftly modernizing outdated COBOL computer systems.
IBM Corp. today made clear its intention to stay at the forefront of generative artificial intelligence development, announcing a host of updates to its year-old watsonx platform, including a new ...
IBM has previewed its upcoming watsonx Code Assistant for Enterprise Java Applications at its annual Think conference. The generative AI-based code assistant is aimed at accelerating Java application ...
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