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 mainframe business. This AI advancement could compress years-long, costly ...

India's AI Sovereignty Needs A Scoreboard, Not Just A Model

Every Indian AI model is graded on benchmarks built in San Francisco. GPT-5 scores below 40% on Indian cultural reasoning.

Trump’s new global tariffs kick in at 10%; Bank of England governor says March rate cut ‘open question’ – as it happened

Rolling coverage of the latest economic and financial news ...

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
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OpenAI Says Benchmark Used to Measure AI Coding Skill Is 'Contaminated'—Here's Why

OpenAI wants to retire the leading AI coding benchmark—and the reasons reveal a deeper problem with how the whole industry measures itself.