Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

There are hundreds of billions of lines of COBOL code running on production systems worldwide. That’s not ideal for a language over 60 years old and whose primary architects are mostly retired or dead ...

Many of the world’s critical IT systems remain riddled with bugs, and AI tools threaten to make it easier than ever to exploit them. But AI could also be part of the solution: A new initiative aims to ...