IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

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

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

According to Precedence Research, the global software market size accounted for USD 823.92 billion in 2025 and is predicted ...

Azul, the trusted leader in enterprise Java for today's AI and cloud-first world, today announced that Sasol, a global integrated chemicals and energy company headquartered in South Africa, has ...

A wild finish to the week saw technology surge 4% on Friday, measured by the State Street Technology Select Sector SPDR ETF. The ETF still closed the week in the red however, down 1.9% on its ...

Discover how quantitative analysts, or quants, use advanced mathematical models to predict market trends and identify lucrative investment opportunities.

Financial services firms tanked after the launch of a new AI-powered tax planning tool that promises to do the work "within minutes." Tech platform Altruist announced the offering within its AI ...

JPMorgan believes that software stocks, which have slumped in 2026 because of investor fears that artificial intelligence will undermine their business, have now fallen too far, creating an ...

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 ...

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