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Chicago may be taking another quantum leap forward in its technology aspirations. The University of Illinois Urbana-Champaign and IBM announced a renewed research partnership Thursday to advance ...

IBM has agreed to pay $17 million to the Department of Justice to settle claims its diversity, equity and inclusion programs were discriminatory and unlawful. It’s the first resolution reached under ...

IBM agreed to pay $17 million to the US government to resolve the Trump administration’s claim that the firm’s diversity, equity, and inclusion (DEI) policies discriminated against employees and ...

IBM reached a settlement with the federal government on Friday, agreeing to pay roughly $17 million to resolve allegations of illegal diversity, equity and inclusion (DEI) practices. Acting Attorney ...

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IBM (IBM) shares fell 22% year-to-date. A 13% single-day crash followed Anthropic’s Claude Code announcement. IBM’s consulting revenue grew just 3% in Q3. AI coding tools threaten its legacy ...

The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

IBM stock dropped 13% on Monday after an Anthropic blog post highlighted another use for Claude Code. The AI firm said its tool could help companies modernize their legacy code. Anthropic's flurry of ...