In an interview with ET, IBM CEO Arvind Krishna shrugged off IBM’s 13% stock drop after an Anthropic blog post suggested its AI tool could compress legacy system maintenance timelines, calling the ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM Corp. and Deepgram Inc. said they will collaborate to integrate Deepgram’s voice capabilities into IBM’s watsonx ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol, ...

Discover the 7 best cloud orchestration tools for enterprises in 2026, including AWS CloudFormation, Ansible, Spacelift, CloudBolt, and more. Compare features, pricing, multi-cloud support, and use ...

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic. International Business Machines' stock is the latest big software loser ...

IBM is the latest victim to investor fears about Anthropic's AI code.

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...