Technology

OpenAI says its models can help banks migrate from old COBOL programs

Engadget • Tue, 20 Oct 2026

OpenAI says its models now come with better COBOL capabilities.

What happened?

OpenAI says its models now come with better COBOL capabilities.

Story details

OpenAI says its models now come with better COBOL capabilities.

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Original source

https://www.engadget.com/2291457/openai-says-its-models-can-translate-cobol/

Meeting note-taking tool Otter.ai announced on Tuesday that it has raised $320 million from General Catalyst’s Customer Value Fund (CVF), which provides capital to startups without diluting equity and gets returns on the results of marketing spend. Otter.ai said that it will use these funds for enterprise growth, go-to-market strategy, international expansion, and product innovation. […]