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Amazon plans to invest $12B in new data centers in Louisiana and says it worked with the local utility "to ensure we pay 100% of the costs" tied to the campus (Annie Palmer/CNBC)

Annie Palmer / CNBC : Amazon plans to invest $12B in new data centers in Louisiana and says it worked with the local utility “to ensure w...

23 February 2026

IBM shares fall 12%+ after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization (Pia Singh/CNBC)

Pia Singh / CNBC:
IBM shares fall 12%+ after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization  —  International Business Machines stock is getting slammed, becoming the latest victim of rapidly developing AI technology, after Anthropic's Claude announced COBOL capabilities.

Posted from: this blog via Microsoft Power Automate.

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