SHENZHEN, GUANGDONG, CHINA, April 3, 2026 /EINPresswire.com/ — On March 31, 2026, Anthropic released version 2.1.88 of its popular AI coding assistant Claude Code ...

IBM shares dropped 13% on Feb. 23, on fears that Anthropic's Claude Code AI would accelerate COBOL modernization and undermine the mainframe business. AI can help translate legacy code, but it can't ...

Anthropic announced today that its Claude Code and Claude Cowork tools are being updated to accomplish tasks using your computer. The latest update will see these AI resources become capable of ...

International Business Machines said Tuesday it closed its roughly $11 billion acquisition of the data-streaming company Confluent. The deal, first announced in December, is intended to help ...

IBM (IBM) shares fell 22% year-to-date. A 13% single-day crash followed Anthropic’s Claude Code announcement. IBM’s consulting revenue grew just 3% in Q3. AI coding tools threaten its legacy ...

Stocks surged to records in large part because of hope — and hype — about artificial intelligence. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.

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 ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech giant.

The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...

IBM's sharp selloff underscores how artificial intelligence (AI) is beginning to challenge long-standing technology moats in enterprise computing, raising broader questions about who controls ...

International Business Machines’ stock is the latest big software loser that can trace its selloff to fears over new artificial-intelligence features. Back To Top ...