Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today warned enterprises of a growing Java application modernization crisis driven by technical debt and converging ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

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

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Sample files for Azul are kept in a Simple Storage Service (S3) compatible binary large object (blob) store, and processed ...

IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

Elon Musk warns that artificial intelligence could make traditional coding obsolete by 2026, raising fresh concerns about the ...