IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...
Asianet Newsable on MSN
IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM ...
Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...
AWS has removed its legal protections for customers using its video transcoding and streaming services, potentially exposing them to patent infringement claims from codec rights holders. The change ...
Strong quality cultures analyze this historical execution data to identify flaky tests, unstable code sections and deployment ...
Boris Cherny says Claude Code has been writing all of his code since November.
Technobezz on MSN
IBM Stock Plunges 13% After Anthropic AI Challenges Core Business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..
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