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 ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
What’s obviously better is to take away all the money flagrantly wasted on ‘armies of consultants spending years mapping workflow’ and instead leave it to Claude Code, which can ‘automate the ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
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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Nvidia has invested $2 billion in AI infrastructure provider CoreWeave, the companies announced. Shares of CoreWeave popped on the news. Nvidia purchased CoreWeave Class A common stock at $87.20 per ...
HILLSDALE, Mich.--(BUSINESS WIRE)--CNB Community Bancorp, Inc. (the “Company”; OTCQX: CNBB), the parent company of County National Bank (the “Bank”), today announced its Board of Directors recently ...
PALO ALTO, Calif.--(BUSINESS WIRE)--Intapp, Inc. (Nasdaq: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced that ...
Rising free cash flow, a 4% dividend, and a new $10 billion share buyback program have investors hitting the buy button. A focus on bundled offerings is helping AT&T attract more customers. The ...
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