IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Artificial intelligence isn’t just transforming industries — it’s elevating salaries for new graduates and early-career workers. In 2026, several entry-level positions powered by AI skills are among ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
Rolling coverage of the latest economic and financial news ...
IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
These gains are not limited to experimental systems. At Midea, one of the world’s largest home appliance manufacturers, an ...
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