Crowdstrike
IBM shares suffered their worst day in 25 years after Anthropic said its Claude Code tool could modernise COBOL – the language still behind 95% of US ATM transactions – in quarters rather than years, stoking fears AI will erode IBM’s mainframe business.
Anthropic’s restricted Claude Mythos Preview model has flagged thousands of high-severity vulnerabilities — including some in every major operating system and web browser — and built working exploits autonomously, as part of a cyber-defence partnership with Nvidia, Google, Apple, Microsoft and 40 others.
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