Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ‘casualty’ of this was the legendary firm IBM, whose stocks fell.
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Weaviate Launches Agent Skills to Empower AI Coding Agents

Bob van Luijt, Co-Founder and CEO of Weaviate—which he launched as an open-source vector search engine in March 2019—shared ...

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

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