Mumbai/Bengaluru: Anthropic’s claim that its AI coding tool Claude can understand and modernise programming language Cobol sent IBM shares down 13% on Monday, its steepest single-day fall in over 25 ...

The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

Investing.com -- IBM faces a reassessment of its artificial intelligence risk after the release of Anthropic’s Claude Code tool triggered its worst trading day in more than 25 years, according to ...

Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional roles and spark economic freefall, leading to a steep drop in IBM’s share ...

The tech sector stocks continue to bleed. This follows the sharp selloff in technology sector seen overnight in the US markets. Leading AI major, Anthropic had announced updates to the Claude Code and ...

The Information Technology and Business Process Management (IT-BPM) industry stands as one of the country’s most remarkable economic success stories. Employing nearly 1.9 million and contributing ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech giant.

International Business Machines or IBM became the latest victim of the rapidly expanding AI power of Anthropic on Monday as the artificial intelligence company shared an update. IBM stock price on ...

We all use LLMs daily. Most of us use them at work. Many of us use them heavily. People in tech — yes, you — use LLMs at twice the rate of the general population. Many of us spend more than a full day ...

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