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

IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...

While International Business Machines (NYSE: IBM) generates most of its revenue from software and consulting services, the company's hardware business is still an important piece of the puzzle. IBM's ...

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can ...

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 ...

When the next generation of IBM mainframe, the z17, makes its anticipated summer debut, it will be outfitted with multiple technologies aimed at making the Big Iron mainframe the ultimate AI server.

As IBM prepares to ship 24- and 32-processor versions of its zSeries 990 mainframe computers later this month, the company is ramping up its zSeries technical support operation and, on Tuesday, will ...

When you think of mainframes, you probably think of spinning tape drives, reams of computer cards, and text-only, green-on-black 3270 terminals. IBM's latest mainframe, the LinuxONE Emperor 5, is not ...