IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

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

The mainframe moment: how AI-driven modernization is reshaping the COBOL economy

New AI coding tools are accelerating legacy system modernization, raising opportunities and risks for banks, enterprises, and ...
DATAQUESTOpinion

COBOL’s AI moment: Anthropic rattles IBM as India spots a $1.6 trillion services opening

News: COBOL is back in the AI era. Anthropic’s claim jolts IBM, Nasscom reframes tech debt as a $1.6T services prize, and ...
BizTech

How Financial Services Companies Can Maintain Mainframes as COBOL Experts Retire

COBOL — short for common business-oriented language — isn’t going anywhere. Released in 1960 and standardized in 1968, COBOL was developed by the Conference on Data Systems Languages to handle ...