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 ...

Between apocalyptic forecasts and industry defensiveness, AI will redraw the economics of IT services—but not overnight, and ...

Infosys shares have plummeted over 20% in February, marking their worst monthly performance in 13 years due to concerns over artificial intelligence disruptions.

As the world is being rapidly transformed by AI, Union IT minister Ashwini Vaishnaw has said this is a once-in-a-generation ...

Salesforce posted accelerating growth and pushed up its long-range revenue target thanks to a recent acquisition.

How Wall Street feeds the AI bubble, Nvidia smashes expectations, IBM snagged in SaaS-pocalypse, Meta inks chips deal with AMD.

Tariff escalation, AI disruption and BTC weakness pressure XRP, with $1.0 critical support as traders watch Fed policy, BoJ ...

Is investor anxiety over AI squashing IT services overblown? Dire predictions have rattled stocks, but the truth lies between apocalypse and AI-impact denial. Legacy systems and regulatory ...

The sudden sell-offs for both IBM stock and DoorDash have a common culprit.

Months after his 70-hour workweek remarks sparked debate, Murthy addressed concerns about AI replacing white-collar jobs.

In January, Anthropic “retired” Claude 3 Opus, which at one time was the company’s most powerful AI model. Today, it’s back — ...