Cobol

Anthropic's claim that AI can quickly refactor COBOL rattles IBM investors

• Anthropic’s claim that AI can quickly refactor COBOL rattles IBM investors Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization

A Blog Post About COBOL Just Cost IBM $30 Billion. Here's What Actually Happened.

• A single Anthropic blog post wiped billions off IBM’s market value-but the AI-driven COBOL modernization it described has existed for years. • This is a case study in how AI hype

Anthropic's new AI tool can write 67-year-old COBOL code, which sends 115-year-old IBM's stock tumbling by 13% - IBM stock has worst day...

• Anthropic’s new AI tool can write 67-year-old COBOL code, sending 115-year-old IBM’s stock tumbling by 13% - IBM stock has worst day in 26 years, down 25% MoM and counting Ancien