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

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

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Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding ...

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Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.