Investor's Business Daily on MSN
IBM stock stung by Anthropic fears. Analyst says AI 'can't replace' the mainframe
IBM is the latest victim to investor fears about Anthropic's AI code.
The product is targeted at modernizing mainframe applications that run on IBM Z systems, as the number of COBOL developers starts to dwindle. In a bid to help IBM Z systems customers modernize their ...
COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959. It’s had surprising staying power; according to a 2022 survey, there’s over ...
NDTV Profit on MSN
IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...
Watsonx Code Assistant Adds COBOL-to-Java Translations on IBM Z Your email has been sent IBM announced today watsonx Code Assistant for Z, a generative AI-assisted solution for COBOL-to-Java mainframe ...
COBOL — short for common business-oriented language — isn’t going anywhere. Released in 1960 and standardized in 1968, COBOL was developed by the Conference on Data Systems Languages to handle ...
IBM Corp. said today it’s using its recently announced generative artificial intelligence service watsonx to help enterprises modernize their most business-critical mainframe applications. Watsonx ...
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