Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM in a single session
A single blog post from Anthropic has led to over $30 billion being wiped off IBM’s market value in one session. Why, you may ask? Well, it’s all linked to a programming language called COBOL which has been central to IBM’s operations for over 60 years. So what exactly is COBOL and what did Anthropic…