Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

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 ...

Unexpected bankruptcies and Blue Owl Capital issues fuel private credit crisis fears as write-offs at UBS and Jefferies surge. Read why a credit crisis is brewing.

“If we can build our models on our chips, we can build them at a fraction of the cost of a pure-play AI model provider,” Amazon’s new artificial intelligence czar, Peter DeSantis, told the news outlet ...