IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
Tech CEOs are making ambitious claims about AI's coding capabilities. In March, Anthropic CEO Dario Amodei said "we'll be there in three to six months — where AI is writing 90% of the code." Meta's ...
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