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

COBOL is a computer language used for business data processing and IBM is a leader in that area.

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

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...

Software stocks have been battered in recent months by market fears around the growing capabilities of AI tools Read more at The Business Times.

A practical evaluation of using AI‑assisted coding to construct a TUI framework for the Ring programming language This ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

I'm terrible at programming. But with artificially intelligent help, I can hack it. At the website Claude.AI, I learned how to make a text-based adventure, the kind familiar to those who remember when ...

Feb 23 (Reuters) - 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 ...