IBM stock has tumbled 20.6% in three months after Anthropic's Claude Code threatened its legacy COBOL moat - can hybrid cloud and watsonx offset the risk?

What does IBM do? IBM is a business-to-business technology company that has a material focus on services. It provides the knowledge and human resources to help companies set up an ...

The deal marks IBM's first voice technology collaboration, embedding Deepgram's speech engine directly into Watsonx Orchestrate's agent-building tools ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

Analysts argue the reaction overlooks IBM’s own AI strategy. Shares of International Business Machines suffered their ...

IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...

International Business Machines Corporation IBM announced that it has expanded its collaboration with Microsoft Corporation MSFT to augment its consulting capabilities. IBM’s multi-model, ...

Yet IBM, known as Big Blue, has become the latest US tech giant to be suffering from AI jitters. Its stock dropped 13pc on ...

In 2010, IBM released Watson, a system which uses natural language processing (NLP) and machine learning to answer questions. The following year, Watson — named after IBM founder Thomas J. Watson — ...

A blog post by Anthropic pointing out that Claude Code can refactor legacy COBOL applications appears to have sent IBM’s share price down by double ...