The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

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

Anthropic’s claim that AI can quickly refactor COBOL rattles IBM investors

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 ...

IBM is the latest AI casualty. Shares tank 13% on Anthropic programming language threat

COBOL is a computer language used for business data processing and IBM is a leader in that area.

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

Izzi Software, owner of ColeSoft, the leading provider of debugging solutions for IBM mainframe environments, announces the ...

IBM's Anthropic-induced sell-off overlooks the fact it's disrupting itself: Jefferies

IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
The Victoria Advocate

Open Mainframe Project Redefines Developer Experience on the Mainframe with AI and Open Source Community

Specifically with mainframes, LLMs perform comparatively poorly at reading and writing mainframe code because there is very little data for them to train on. Zorse aims to solve these challenges by ...
NDTV Profit

IBM Business Model At Risk? Anthropic's Claude Can Modernise COBOL Code; Stocks Fall 13%

IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe ...
Network World

Google Cloud partners with mLogica to offer mainframe modernization

Google Cloud has partnered with database and mainframe modernization software provider mLogica to help enterprises modernize their mainframe applications. The partnership will see Google Cloud combine ...