COBOL is in the headlines again, and this time it is because of artificial intelligence (AI) – sparking conversations with tools emerging that claim t.

“Testing and control sit at the center of how complex hardware is developed and deployed, but the tools supporting that work haven’t kept pace with system complexity,” said Revel founder and CEO Scott ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...

SBI’s blockbuster Q3, rising mutual fund allocations and valuation comfort are driving renewed interest in banking stocks ...

After witnessing a 7 percent decline in the previous week, IT stocks remained under pressure, falling another 6 percent so far this week and dragging the Nifty IT index to a 10-month low on2.

Texas Pacific Land (TPL) surged 44% year-to-date despite three consecutive earnings misses. The catalyst is a data center partnership with Eric Schmidt’s firm. Texas Pacific trades at 48x P/E with ...

The Singapore government will expand its support for the equity market as part of a broader push to strengthen its position as a financial hub. The government will inject an additional 1.5 billion ...