IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

IBM is the latest victim to investor fears about Anthropic's AI code.

Short for Common Business-Oriented Language, COBOL is a dominant code system developed in the late 1950s often used in business data processing, such as payment processing and retail transaction ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core mainframe business. This AI advancement could compress years-long, costly ...

The head being used as a mainframe by Hank in Fallout Season 2 episode 7 belongs to the congresswoman we were introduced to in episode 5. It appears that this head is being used as a replacement for a ...

In the world of banking, there’s a well-known secret: Mainframes and COBOL still power the majority of financial services. Despite wave after wave of digital transformation initiatives, these systems ...

Mainframe Studios (ReBoot, Unicorn Academy, Octonauts, Ratchet & Clank, Escape From Planet Earth) is launching a new animated franchise with the CG series The Immortals & The Shadow Realm. “We’ve ...

The launch of the AI-focused z17 mainframe earlier this year has been a major success. Infrastructure is expected to drive 1.5 percentage points of revenue growth in 2025 for IBM. IBM boosted its ...

Cloud unit sales growth slows to 14% in Q3 from Q2's 16% IBM shares fall ~5% in extended trading Q3 revenue and profit beat LSEG estimates AI-driven mainframe boosts infrastructure sales Oct 22 ...

Information technology modernization specialist Rocket Software Inc. is integrating generative artificial intelligence and adding support for Arm processors in its line of Cobol modernization products ...

UK banks are still using software code that was written in the 1960s and 1970s, with only a handful of employees who understand them. According to a survey of 200 UK banks, 16% rely on software from ...