Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
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.

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
The Financial Express

AI hype outpaces reality, says Mphasis delivery head

The surge of attention around recent artificial intelligence releases has amplified fears across markets even though the ...
Securities.io

Anthropic’s Claude Code vs COBOL: IBM Investors React

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...
WinBuzzer

Leaked Code Reveals OpenAI’s Secret Government Surveillance Network

Researchers have exposed OpenAI's covert Persona watchlist, active since 2023, screening users for government agencies via 53 ...