Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM in a single session

Feb 24, 2026 - 02:00
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Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM in a single session
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic 

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