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

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo AI-generated summary reviewed by our newsroom. Read our AI ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo Anthropic’s Claude Code post wiped about $30B off IBM’s ...

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 ...

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 ...

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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL Shares of International Business Machines recorded their steepest daily drop in more ‌than 25 years on Monday, ...

Short for Common Business-Oriented Language, COBOL is a dominant code system developed in the late 1950s often used in business data processing, such as payment processing and retail transaction ...

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a ...

IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business ...