The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI ...

International Business Machines Corp. shares plunged on Monday, after the artificial intelligence startup Anthropic said its ...

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

Shares of International Business Machines tumbled 13% Monday, their worst single-day move since October 2000. The stock began ...

AI fears grip Wall Street as IBM logs its worst fall in 25 years after a bearish 2028 disruption scenario sparks selloff in ...

International Business Machines Corporation (NYSE:IBM) is included among the 14 Best Low Volatility Dividend Stocks to Invest ...

IBM plans to triple its entry-level hiring in the U.S. in 2026 but these jobs will have different tasks than in previous ...

IBM (NYSE:IBM) shares hit a session low Monday afternoon, falling 10%, after Anthropic announced an AI tool designed to streamline COBOL code modernization. Accenture (NYSE:ACN) and Cognizant ...

IBM is ramping up its hiring of Gen Z workers, with the company planning to triple entry-level hiring in 2026.