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.

AI does not remove work. It moves it, so that less time is spent on scaffolding and boilerplate. However, more time is spent ...

In 2025, something unexpected happened. The programming language most notorious for its difficulty became the go-to choice ...

The idea was simple but transformative: prompt a Generative AI model—such as ChatGPT or Anthropic—to build a software program ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

AI is shifting software engineers from being crafters of "elegant code" to overseers of agents. That change can dampen workers' job satisfaction.

Enterprises seeking to make good on the promise of agentic AI will need a platform for building, wrangling, and monitoring AI agents in purposeful workflows. In this quickly evolving space, myriad ...

As Chief Information Security Officers (CISOs) and security leaders, you are tasked with safeguarding your organization in an ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market got the news right and the conclusion wrong.

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

E-souk disputes report linking 'Gen-AI assisted changes' to recent high-impact incidents Amazon's weekly operations meeting today reportedly focused on recent service outages and on the role that code ...