Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this week’s Open Source.

The case of International Business Machines (IBM) points to another significant effect of AI. On Monday, IBM had its worst day on the market in 26 years when its stock fell by 13 percent, on the news ...

Anthropic’s announcement that its updated AI tool can modernise COBOL, an old programming language that runs on IBM’s mainframes, left Big Blue’s stocks battered on Monday. Banasree Purkayastha looks ...

After Monday's rout, IBM's 14-Day Relative Strength Index (RSI) fell into "oversold" territory at 24, indicating the stock ...

This follows a strong bounceback in US-based tech stocks, after AI firm Anthropic announced plans to broaden access to its Claude chatbot through new collaborations across software and services.

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—the ...

Plunge in IBM shares comes as fears of an artificial intelligence bubble grips the stock market Matthew Field is a Senior ...

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 ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Anthropic launched an AI tool that automates COBOL ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

IBM's mainframe systems are still widely used due to their reliability and security. IBM's latest mainframes feature powerful AI acceleration, enabling real-time AI inference workloads. IBM expects ...