IBM Shares Crater 13% After Anthropic Says Claude Code Can Tackle COBOL Modernization

msmash / slashdot - IBM shares plunged nearly 13% on Monday after Anthropic published a blog post arguing that its Claude Code tool could automate much of the complex analysis work involved in modernizing COBOL, the decades-old programming language that still underpins an es…

#ai #automation #software #enterprise #anthropic #genai #stockmarket #business #economy #technology

Anthropic's Claude Code technical claims


Developer reaction: COBOL community responds


Market panic: IBM shares tumble

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