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IBM, AI and Anthropic

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Overview
 · 1d · on MSN
IBM Shares Plummet 13%—Worst Day Since 2000—After Anthropic Launches Programming AI Tool
IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business softwa...

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 · 1d · on MSN
IBM is the latest AI casualty. Shares tank 13% on Anthropic programming language threat
 · 16h
IBM stock sinks as Anthropic highlights Claude's ability to modernize old programming language
 · 21h
How IBM’s 13% Plunge On Anthropic’s COBOL Fears Sparked Bloodbath In TCS, Infosys & Other IT Stocks
Shares of major IT companies came under intense selling pressure on February 24, falling by as much as 8 percent after a steep decline in IBM rattled global markets.

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 · 22h
Explained: How IBM’s 13% plunge on Anthropic’s COBOL disruption fears sparked bloodbath in TCS, Infosys, Wipro & other IT stocks
 · 1d
Anthropic's latest Claude Code update triggers massive IBM stock selloff, shares down 13.2% in a day
5d

Code Metal Raises $125 Million to Rewrite the Defense Industry’s Code With AI

The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.
InfoQ
1d

Anthropic Study: AI Coding Assistance Reduces Developer Skill Mastery by 17%

Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding libraries, though productivity gains were not statistically significant. Those who used AI for conceptual inquiry scored 65% or higher,
1don MSN

IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a programming language run on IBM systems.
Forbes
4mon

Programming In The Age Of AI: Why Code Still Matters

Recently, a friend asked me a question that's been floating around every boardroom and business school: "With AI writing code, does programming still matter?" It's a fair question. Generative AI can spin out Python scripts in seconds, auto-complete full ...
21h

What is Claude Code Security, and why it spooked cybersecurity companies

Anthropic's new AI tool for finding and fixing code vulnerabilities has triggered sharp market reaction in select markets and renewed debate over how much AI can reshape application security industry
4d

AI code translation startup Code Metal reels in $125M at $1.25B valuation

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, defense manufacturer RTX Corp. and others.
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