It adds three years to the mainframe modernisation program, but perhaps more importantly, it puts the tax office on an ...

International Business Machines is insulated from AI disruption due to its mission-critical, deeply integrated enterprise software and hardware solutions. IBM's mainframes and core systems remain ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this week's Open Source.

Plunge in IBM shares comes as fears of an artificial intelligence bubble grips the stock market Matthew Field is a Senior Technology Reporter covering the UK tech sector. He has covered social media ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo AI-generated summary reviewed by our newsroom. Read our AI ...

The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...

IBM’s stock took a hit after Anthropic, the company behind the AI model Claude, said its new tool can make fixing old COBOL software a lot easier.

International Business Machines Corporation (IBM) shares saw their worst crash in 25 years on Monday after leading AI research firm Anthropic in its blog post revealed how its "Claude Code" tool can ...

IBM stock is down 20% from its 52-week high, but the concerns seem overblown.