Azul Warns Enterprises of Looming Java Application Modernization Crisis as Multiple Java Versions Near End of Support

Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today warned enterprises of a growing Java application modernization crisis driven by technical debt and converging ...

IBM stock dives after Anthropic points out AI can rewrite COBOL fast

Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
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.

When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
InfoWorld

JetBrains introduces Java to Kotlin converter for Visual Studio Code

Extension that converts individual Java files to Kotlin code aims to ease the transition to Kotlin for Java developers.

After IBM's worst day on stock market, IBM senior vice-president Rob Thomas to everyone betting on AI: New AI tools emerge every week, what they do not change …

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
Securities.io

Anthropic’s Claude Code vs COBOL: IBM Investors React

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...