Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

IBM has unveiled its newest mainframe computer, the Z17, which it claims has redefined artificial intelligence (AI) at scale. The next generation of the company’s mainframe system is powered by an IBM ...

IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest ...

(Reuters) - International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, ...

IBM shares plunged up to 13% after Anthropic said its Claude Code tool can help modernize COBOL systems, raising concerns about disruption to IBM’s mainframe business. The stock is now down 26% in ...