OpenAI looks to help banks modernise legacy software their operations still depend on

OpenAI has enhanced its models to work with legacy programming languages like COBOL and Fortran. The AI assists companies in modernising critical software systems, which often lack documentation. Recent tests showed significant improvements in accuracy for building and translating software across multiple languages.
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- Section
- Tech
- Topics
- AI & gadgets
- First reported by
- The Economic Times
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- et online
- Published
- Tuesday, 20 October 2026, 9:21 am IST
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- One outlet so far
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