IBM (IBM) is designing this product to refactor, transform, and validate COBOL code to help speed time-to-value and augment skills for critical application modernization on IBM Z The product will be enabled by a 20 billion parameter large language model ...

International Business Machines Corp. shares plunged on Monday, after the artificial intelligence startup Anthropic said its Claude Code tool can help with modernizing COBOL, a dated programming language that’s mainly run on IBM computers.

IBM announced that it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools, and knowledge to enhance IBM Consulting’s mainframe application and data modernization services.

While cloud companies such as AWS are offering enterprise customers new ways to get applications off the mainframe and into the cloud, IBM moved this week to keep them on the Big Iron. IBM rolled out a portal it calls the IBM Z and Cloud Modernization ...

IBM Corp. said today it’s using its recently announced generative artificial intelligence service watsonx to help enterprises modernize their most business-critical mainframe applications. Watsonx Code Assistant for Z is powered by IBM’s 20 billion ...