IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

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

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can ...

While International Business Machines (NYSE: IBM) now derives most of its revenue from software and consulting, the decades-old mainframe business is still an important part of the century-old tech ...

IBM has been criticised over its recent purchase of mainframe company Platform Solutions. The Computer & Communications Industry Association (CCIA) said the purchase of Platform Solutions (not to be ...