Search results for COBOL
AI & Enterprise
Fujitsu unveils document automation AI cutting legacy code understanding time by 97 percent
Fujitsu has launched a generative AI service that analyses legacy source code, including COBOL, and automatically produces design documents. The company said it aims to cut code understanding and documentation work from hours to minutes and reduce reliance on specialist staff. Fujitsu said it cut time needed to understand complex code by about 97 percent and improved document comprehensiveness and readability using enhanced retrieval linking large codebases via a knowledge graph.
Crypto
XRP not even started yet, Tesla-level innovation leaves room for $1,000
A well-known software engineer in the cryptocurrency community said XRP’s price does not fully reflect its technical potential and raised the possibility of a big long-term rise. Vincent Van Code said he first bought XRP at about $0.50 in 2021 and has made about a 300 percent gain at current prices around $1.40. He said research into the XRP Ledger strengthened his conviction. Some investors disagreed, citing slower gains than other tokens. Van Code said XRP has risen more than 200-fold over 10 years and suggested $100 to $1,000 after 2030.
AI & Enterprise
U.S. stocks: AI fear trade drags down delivery, payment and software shares
AI-related fear trading reignited in New York, pushing down delivery, payment and software stocks. Bloomberg reported that IBM fell 13 percent, its biggest drop since 2000. The move was sparked by a Citrini Research report posted to social media that outlined risks from AI disruption and suggested AI agents could bypass fees charged by payment processors such as Mastercard and Visa. Separate posts from Anthropic and Nassim Taleb added to the volatility.
