IBM Stock Dips: Anthropic AI Modernizes Legacy Code
AI Breakthrough Threatens IBM’s Mainframe Dominance as Anthropic Simplifies COBOL Modernization A significant shift is underway in the world of enterprise technology. Shares of IBM plummeted 10% Monday following an announcement from Anthropic detailing the capabilities of its Claude Code tool in modernizing software written in COBOL. This aging programming language, while largely unseen by … Read more