05:14
2026-08-03
startupfortune.com
artificial-intelligence
Anthropic's COBOL Tool Rattled IBM, But AI Migration Still Hides Silent Bugs
Anthropic's February 23, 2026 announcement that Claude Code could automate COBOL modernization analysis triggered a 13.2% drop in IBM shares, the biggest one-day decline since October 18, 2000, accord…