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 ...
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...
As the coronavirus crisis in the United States continues, practically every piece of public infrastructure will undergo unprecedented stress. Hospitals in various states have begun exceeding capacity, ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
The term FUD (fear, uncertainty, doubt) was created to describe IBM's tactics and IBM is doing it again. posted by Roy Schestowitz on Mar 01, 2026, updated Mar 01, 2026. The other ...
The COBOL skills gap is neither as extreme nor as straightforward as you might imagine. Here’s what companies can do to keep their COBOL systems running, and what would-be COBOL developers should know ...
A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.