COBOL still runs on hundreds of billions of lines of code in financial systems, airlines, and government agencies. However, ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
Unofficial solutions, while functional, were often brittle and prone to timeout issues. Remote Control replaces these ...
IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.
COBOL is a computer language used for business data processing and IBM is a leader in that area.
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Anthropic says Claude can understand COBOL, IBM stock suffers worst fall in 25 years
IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...
IBM's stock price plummeted over 10% after Anthropic unveiled an AI tool capable of swiftly modernizing outdated COBOL computer systems.
IBM's market plunge over AI concerns drags down Indian IT stocks, raising fears about legacy COBOL modernization challenges.
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