Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Opinion
Bushcraft Base Camp on MSNOpinion

Why the Colt Python still turns heads at the range

The Colt Python still captivates shooters today ...

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens consulting. Click for more on IBM and ANTHRO.
Finbold

Why Anthropic is behind IBM stock’s 13% plummet

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
Opinion

IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

America Has an Edge Over China. Why Won’t We Use It?

These gains are not limited to experimental systems. At Midea, one of the world’s largest home appliance manufacturers, an ...