IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

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

Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

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

Anthropic’s Claude Code vs COBOL: IBM Investors React

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...
EuropaWire

AVL RACETECH Strengthens Collaboration with Ed Carpenter Racing Through Advanced Vehicle Simulation Technologies

AVL RACETECH and Ed Carpenter Racing have expanded their collaboration into an official technical partnership, with AVL becoming the team’s Official Dynamic Vehicle Simulation Partner in the NTT ...

'She may already be gone': Hope and harsh realities mark 24th day in Nancy Guthrie search

Savannah Guthrie said in a new video that her family is holding onto hope that her mother will be found alive while acknowledging she "may already be gone." ...