On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...
Specifically with mainframes, LLMs perform comparatively poorly at reading and writing mainframe code because there is very little data for them to train on. Zorse aims to solve these challenges by ...
Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common Business-Oriented Language), seemingly posing a threat to IBM's (NYSE: ...
New AI coding tools are accelerating legacy system modernization, raising opportunities and risks for banks, enterprises, and ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
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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 ...
Compliance, security, operational analytics, and AIOps are the top priorities for organizations investing heavily in mainframes, according to the 2024 BMC Mainframe Survey, which is in its 19th year ...
Google Cloud has partnered with database and mainframe modernization software provider mLogica to help enterprises modernize their mainframe applications. The partnership will see Google Cloud combine ...
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