IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—the ...

IBM stock fell roughly 13% in Monday's trading in response to concerns that new AI tools could have a disruptive impact on the company. Anthropic is touting Claude Code's ability to modernize COBOL ...

Feb 23 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code ...

Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI tool within Claude Code designed to automate the modernization of COBOL, a ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...

IBM is set to triple entry-level hiring in 2026, a significant shift from its 2023 stance on AI replacing jobs. These roles are being redefined, with junior developers focusing more on customer ...

IBM's mainframe systems are still widely used due to their reliability and security. IBM's latest mainframes feature powerful AI acceleration, enabling real-time AI inference workloads. IBM expects ...

Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...

IBM on Wednesday topped Wall Street fourth-quarter estimates. The technology and consulting firm expects full-year revenue growth to exceed 5% and free cash flows to increase by $1 billion. IBM's ...

It's a tech swap in Texas' capital city as one of the industry's most notable giants swaps with Mark Zuckerberg's Meta to bolster its real estate footprint. "Austin is an extraordinary — and growing — ...

Mainframe computing is having a moment — again. Nearly 60 years after the first IBM System/360 debuted as a mainframe platform, it continues to evolve in ways that defy expectations, powering critical ...