Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

Red Hat readies its metal-to-agent AI infrastructure stack for hybrid cloud deployments

Red Hat Inc. said today it’s gearing up its artificial intelligence ambitions with the launch of a new platform called Red Hat AI Enterprise that’s meant to make it easier to deploy and manage models, ...