Whenever the topic is raised in popular media about porting a codebase written in an ‘antiquated’ programming language like Fortran or COBOL, very few people tend to object to this notion. After all, ...

Anthropic's Claude Code AI would accelerate COBOL modernization and undermine the mainframe business. AI can help translate ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...

Despite the proliferation of digital banking apps, the banking industry still runs almost half its systems on a 1950s programming language, which makes it difficult for financial institutions to ...

ATLANTA--(BUSINESS WIRE)--GT Software, the sole distributor of Fujitsu’s NetCOBOL outside of Japan, has announced two new releases for its NetCOBOL user base, namely NetCOBOL for .NET v6.0 and ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

Rocket Software, a global technology leader in modernization software, is adding groundbreaking innovations to its COBOL solutions designed to help businesses update COBOL applications without ...

The U.S. Department of Government Efficiency, or DOGE, reportedly plans to rewrite the software that the U.S. Social Security Administration uses to make payments. Wired today cited sources as saying ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

The automated transformation of COBOL to 50+ languages is performed by using the latest public & private generative AI models in the Code Conversion Workbench. The Code Conversion Workbench uses the ...

IBM stock crash: IBM stock plunged 13.2% in a single session — its steepest daily drop since October 18, 2000 — after Anthropic said its AI tool could modernize COBOL systems running on IBM mainframes ...