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

Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

IBM’s stock ended Monday down 13% as Anthropic’s Claude Code threatens to dismantle a critical part of its business.

International Business Machines Corp shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...