Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code ...

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
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.
EuropaWire

AVL RACETECH Strengthens Collaboration with Ed Carpenter Racing Through Advanced Vehicle ...

AVL RACETECH and Ed Carpenter Racing have expanded their collaboration into an official technical partnership, with AVL becoming the team’s Official Dynamic Vehicle Simulation Partner in the NTT ...
CIO

Anthropic’s claim that AI can quickly refactor COBOL rattles IBM investors

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...