Claude Code Challenges IBM Legacy Business As Valuation Discount Widens

Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL on mainframes, raising questions about ...

IBM Has Fallen 16% as Anthropic Puts Them In The Bullseye

Still one of the biggest names in the computing world, IBM (NYSE:IBM) shed over 16% year to date heading into mid-March, a ...

IBM Confronts Anthropic COBOL Threat While Expanding Watsonx With Voice AI

Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...
dbta

IBM to Acquire Application Modernization Abilities from Advanced

IBM announced that it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools, and knowledge to enhance IBM ...
CIO

Anthropic’s claim that AI can quickly refactor COBOL rattles IBM investors

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

I'm Not Convinced Anthropic's New COBOL Coding Tool Is an Actual Threat to IBM

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

OpenLegacy Launches Integrated Platform for Agile Mainframe Modernization, Supported by AWS

Technology Integration and Benefits OpenLegacy Hub eliminates the need for heavy middleware layers, reduces operational complexity, and leverages AWS generative AI services to automate critical ...