IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...
Opinion

IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
India Today on MSN

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 ...
dbta

DBA Corner

DBA Corner focuses on issues of interest to data architects, database analysts and database administrators. Issues addressed by the column include data modeling and database design, database ...