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What is COBOL, the high-level programming language that is behind biggest-ever fall in IBM stock value

COBOL is in the headlines again, and this time it is because of artificial intelligence (AI) – sparking conversations with tools emerging that claim to translate legacy code and, with it, solve the modernization challenge. On February 23, IBM’s stock suffered its worst single-day drop in over 25 years after AI startup Anthropic claimed its…

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