This company is helping build the backbone of AI, but then investors got worried about AI's impact on software.

The most widely adopted computer language in history, COBOL is now causing a host of problems. It's also dangerously difficult to remove.

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

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...

If COBOL seems as antiquated as the manual typewriter, you’re thinking about it wrong, researchers say. The workhorse coding language developed in 1959 was built to process massive numbers of ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Whenever the topic is raised in popular media about porting a codebase written in an ‘antiquated’ programming language like Fortran or COBOL, very few people tend to object to this notion. After all, ...

The 60-year-old programming language that powers a huge slice of the world’s most critical business systems needs programmers Some technologies never die—they just fade into the woodwork. Ask the ...

Perhaps rather unexpectedly, on the 14th of March this year the GCC mailing list received an announcement regarding the release of the first ever COBOL front-end for the GCC compiler. For the ...

The COBOL skills gap is neither as extreme nor as straightforward as you might imagine. Here’s what companies can do to keep their COBOL systems running, and what would-be COBOL developers should know ...

The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...