CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced the successful launch of its proprietary AI-driven intelligent migration solution. Designed to transition legacy COBOL ...

The IT services company introduced artificial intelligence software automating legacy mainframe application conversion for financial institutions modernizing systems.

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

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 ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

In April 2020, New Jersey’s governor, Phil Murphy, stepped up to a microphone and told journalists that he was amazed the state still ran its unemployment system on COBOL — a 60-year-old programming ...

Chris O'Malley is President and CEO of Compuware, a BMC company, bringing mainframe DevOps to the Autonomous Digital Enterprise. You’ve probably seen more headlines about COBOL this year than in the ...

In April 2020, New Jersey’s governor, Phil Murphy, stepped up to a microphone and told journalists that he was amazed the state still ran its unemployment system on COBOL — a 60-year-old programming ...

SAN JOSE, Costa Rica — The phrase “the future of Cobol” might seem an oxymoron, but in a talk so titled at the Club de Investigacion Tecnologica SA’s software transformation seminar here Friday, ...