Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...

Are AI tools from Anthropic and other players on the verge of disrupting IBM's growth story?

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...

Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...

Misconfigurations and access control issues trigger many enterprises security problems, according to IBM’s X-Force security ...

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

IBM's next-gen FlashSystem storage arrays combine agentic AI, hardware-native ransomware detection, and record capacity for ...

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 ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

AI is reshaping tech hiring. IBM expands entry-level roles as new data shows rising demand for multidisciplinary talent.