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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 ...

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a ...

International Business Machines Corp. raised nearly $7.5 billion in the corporate bond market, kicking off what is expected to be a flood of borrowing from the tech sector in 2026. The US firm on ...

A year in the planning, the new IBM exhibit at the History Center of Olmsted County kicks on Thursday, Jan. 22. General Systems Division president C.B. (Jack) Rogers, Jr. tries out the 3277-display ...

Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and refocused it on customers during a period of crisis. Gerstner reshaped IBM's strategy and ...

IBM Corp. today announced two new quantum processors at its annual Quantum Developer Conference that are aimed at delivering scalable quantum computation capabilities next year and fault-tolerant ...

IBM will lay off thousands of employees in the current quarter. A 1% cut globally could impact nearly 3,000 employees. The hardware, software and services provider said it expects U.S. headcount to ...

IBM has been achieving AI milestones since before four of the "Magnificent Seven" companies even existed, but it's not a leader in the space today. Even so, it's outperforming Nvidia shares year to ...

Over the next few years, Big Blue may not build the biggest AI business in the world by any stretch of the imagination, but we do have confidence that it will build a collection of AI products and ...