IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOL
IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOL is drawing significant interest across the industry.
Shares of International Business Machines recorded ?their steepest daily ?drop in more than 25 years ?on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a ?programming ?language run on ?IBM systems.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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