Experts see opening for IT in Anthropic’s big COBOL code jolt is drawing significant interest across the industry.
IBM’s stock recovered a bit after its February plunge as experts highlighted AI startup Anthropic’s work on legacy COBOL code. Modernising decades-old, ‘spaghetti’ code could expand opportunities for tech services despite falling per-line-of-code pricing. Rewriting COBOL entirely may unlock a potential $1.6 trillion market, they said.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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