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Experts see opening for IT in Anthropic’s big COBOL code jolt

General • February 26, 2026

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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