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Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
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Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...
Sample files for Azul are kept in a Simple Storage Service (S3) compatible binary large object (blob) store, and processed ...
Anthropic's Claude Code modernising COBOL systems triggered a 13.2% correction on IBM's stock.
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.