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

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

There is a way to let AI agents organize your email, manage your files, and perform other magical tasks without nuking your data. Just ask a coder.

A worst-case AI scenario rattled markets, drawing sharp pushback from economists and business leaders.