On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...
Izzi Software, owner of ColeSoft, the leading provider of debugging solutions for IBM mainframe environments, announces the upcoming release of z/XDC for Visual Studio Code, bringing its ...
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 ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
New AI coding tools are accelerating legacy system modernization, raising opportunities and risks for banks, enterprises, and ...
Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude ...
Specifically with mainframes, LLMs perform comparatively poorly at reading and writing mainframe code because there is very little data for them to train on. Zorse aims to solve these challenges by ...
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