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Microsoft halts hiring in cloud and sales to cut costs and boost margins amid AI infrastructure investments, while continuing to recruit for AI tool teams, signaling a strategic focus shift.....
IBM launches Granite4.01B Speech, a model optimized for edge computing and enterprise use. It halves parameters while boosting performance, supports multilingual ASR and bidirectional translation, adds Japanese recognition and keyword biasing, and significantly improves English transcription accuracy.....
An AI company named Anthropic launched a new tool aimed at reducing the costs for businesses maintaining COBOL systems, causing IBM's stock to drop by 13%. COBOL is a programming language developed in the 1950s, widely used in financial and aviation sectors, supporting 95% of ATM transactions in the United States.
Anthropic released the Claude Code tool, which can automate the modernization of old COBOL systems, challenging IBM's dominance and causing its stock price to drop 13.2%. COBOL, a technology from the 1950s, remains the foundation of financial, airline, and government systems worldwide.
IBM plans to triple its entry-level hiring in the U.S. by 2026, challenging the belief that AI will replace junior roles, and shifting focus from coding to human-centric skills.....