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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Companies like HP and IBM have signaled they're replacing jobs with AI. HP plans to cut up to 6,000 jobs by 2028, citing AI-driven productivity measures. Klarna's workforce has halved in the last four ...
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