In 2025, something unexpected happened. The programming language most notorious for its difficulty became the go-to choice for the laziest form of programming imaginable.

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

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