Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

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

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 ...

At the Hot Chips 2024 conference, IBM announced its Telum II processor and previewed its Spyre accelerator for AI and other high-performance Big Iron workloads. IBM is outfitting the next generation ...

IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...

IBM on Tuesday announced the newest version of its famous mainframe: the IBM z17. Powered by the latest IBM Telum II processor, IBM z17 culminates five years of research and development. It features ...

IBM stock analysis: why its mainframes and enterprise software are insulated from AI disruption, with strong FCF and growth ...

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can ...

IBM's Poughkeepsie, New York, facility remains unharmed following a 4.8 magnitude earthquake that hit the East Coast of the US, reports NetworkWorld. One of the company's engineers, Pasquale Catalano ...

IBM’s Investing $150B in US Over 5 Years, Focusing on These Tech Commitments Your email has been sent Big Blue is investing in the development of mainframes and quantum computing in the US. IBM has ...

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.