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Anthropic published a blog post saying Claude can modernize

 
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PostPosted: Tue Feb 24, 2026 12:32 pm    Post subject: Anthropic published a blog post saying Claude can modernize Reply with quote
Anthropic published a blog post saying Claude can modernize COBOL code and IBM instantly lost $31 billion in market cap.

The post: "Legacy code modernization stalled for years because understanding legacy code cost more than rewriting it. AI flips that equation."

That's IBM's entire business model.

COBOL runs banks,...read more
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