IBM Mainframe Computer

IBM, Anthropic

IBM Sinks Most Since 2000 as Anthropic Touts Cobol Tool

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once required armies of consultants spending years mapping workflows,

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IBM stock falls after Anthropic says AI can now modernize old software

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IBM’s stock heads for worst month in 34 years — and Anthropic is partly to blame

Anthropic's new AI tool can write 67-year-old COBOL code, sending 115-year-old IBM's stock tumbling by 13% — IBM stock has worst day in 26 years, down 25% Mo…

Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...

Computer Weekly

IBM boosts AI mainframe capabilities with Z17

IBM has unveiled its newest mainframe computer, the Z17, which it claims has redefined artificial intelligence (AI) at scale. The next generation of the company’s mainframe system is powered ...

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.

CNET

Sendmail takes software to IBM mainframes

The company has released a version of its e-mail server software that can run on Linux-powered IBM mainframe computers, it plans to announce Monday. Stephen Shankland worked at CNET from 1998 to ...

AI panic reels in America’s oldest tech giant

Deep inside the server rooms of hundreds of the world’s biggest businesses, mainframe computers built by International ...

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