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.

Cursor, the developer of a widely used artificial intelligence code editor, has closed a $2.3 billion later-stage investment at a $29.3 billion valuation. Accel and Coatue led the Series D round. They ...

AI can help software developers build applications faster than ever, but this creates a new problem. How do developers verify that the code being written with AI is reliable, maintainable, and secure?

BURLINGTON, Mass.--(BUSINESS WIRE)--Veracode, a global leader in application risk management, today unveiled its 2025 GenAI Code Security Report, revealing critical security flaws in AI-generated code ...

When AI systems started spitting out working code, many teams welcomed them as productivity boosters. Developers turned to AI to speed up routine tasks. Leaders celebrated productivity gains. But ...

The adoption rate of AI tools has skyrocketed in the programming world, enabling coders to generate vast amounts of code with simple text prompts. Earlier this year, Google found that 90 percent of ...

At Anthropic—an AI lab building some of the world’s most advanced models—engineers are no longer writing the code that powers their products; they’re outsourcing it to AI. The head of Anthropic’s ...

Entire Inc., a startup led by former GitHub Chief Executive Thomas Dohmke, launched today with $60 million in funding. Felicis led the seed round with participation from Microsoft Corp.’s M12 fund, ...

New capability brings clarity to the impact of AI transformation, helping engineering leaders report with confidence and drive smarter investment decisions. SAN FRANCISCO--(BUSINESS WIRE)--Span, the ...

As companies move to more AI code writing, humans may not have the necessary skills to validate and debug the AI-written code if their skill formation was inhibited by using AI in the first place, ...

Cutting corners: A new survey offers a detailed look at how GenAI is transforming the daily work of software developers. The results reveal a clear divide: seasoned engineers are more likely to rely ...