Most investors jumped to a conclusion on Monday that's not supported by all the facts.

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

IBM shares fell sharply after Anthropic said its AI coding tools could accelerate COBOL modernization, raising concerns about legacy services demand.

New AI coding tools are accelerating legacy system modernization, raising opportunities and risks for banks, enterprises, and ...

Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...

February proved to be a terrible month for software stocks. IBM lost over 18% on fears that Anthropic’s Claude AI could replace IBM’s Cobol coding moat. The good news is that investors did not buy the ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

IIIF provides researchers rich metadata and media viewing options for comparison of works across cultural heritage collections. Visit the IIIF page to learn more. In the early days of writing COBOL ...