IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can ...

While International Business Machines (NYSE: IBM) now derives most of its revenue from software and consulting, the decades-old mainframe business is still an important part of the century-old tech ...

IBM stock analysis: why its mainframes and enterprise software are insulated from AI disruption, with strong FCF and growth ...

I look back at my mainframe days very fondly. Hired to be a GIS code monkey on VM/SP, I would up also managing our machine, applying PUTs and even performing the upgade from VM/SP 5 to VM/SP 6--heady ...

Big Blue on Monday will debut its newest model in the old-guard mainframe line, a less-expensive system that can run only newer software. Stephen Shankland worked at CNET from 1998 to 2024 and wrote ...