IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...
IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic. International Business Machines' stock is the latest big software loser ...
After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
Asianet Newsable on MSN
IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
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