The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...

Despite its age, COBOL remains the critical backbone of the global financial system, handling trillions daily. As its ...

A 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a talent crisis. This has created a lucrative opportunity for ...

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...