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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 ...
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IBM Shares Plummet 13%—Worst Day Since 2000—After Anthropic Launches Programming AI Tool
The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.
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IBM is the latest AI casualty. Shares are tanking 13% on Anthropic programming language threat
COBOL is a computer language used for business data processing and IBM is a leader in that area.
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI ...
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 ...
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 ...
Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...
IBM (NYSE:IBM) launched its generative AI-powered assistant called watsonx Code Assistant to help enterprise developers and IT operators code quickly and accurately using natural language prompts. The ...
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