I'm Not Convinced Anthropic's New COBOL Coding Tool Is an Actual Threat to IBM

Most investors jumped to a conclusion on Monday that's not supported by all the facts.
Ars Technica

IBM’s generative AI tool aims to refactor ancient COBOL code for its mainframes

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 ...
The Information

IBM Stock Tanks After Anthropic Says Claude Code Can Modernize Legacy Code

IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of ...
Yahoo Finance

Izzi Software Unveils New Brand, Launches z/XDC on Visual Studio Code to Modernize Mainframe Debugging and Accelerate Adoption

New z/XDC software expansion improves accessibility and integrates into existing workflows while welcoming a new generation of programmers into mainframing MINNEAPOLIS, February 02, 2026--(BUSINESS ...