Openai Models Aim to Modernize Banks’ COBOL Systems

WHO:

Engadget - OpenAI is the organization describing its models’ COBOL capabilities.

Techmeme - OpenAI identifies COBOL, Fortran, and Visual Basic as low-resource programming languages used by banks and governments.

WHAT:

Engadget - OpenAI says its models now have better capabilities for COBOL.

Techmeme - OpenAI says its new models show “major performance leaps” in low-resource legacy languages, including COBOL, Fortran, and Visual Basic.

Techmeme - OpenAI says its latest model advances bring stronger capabilities for building and migrating software in those languages.

WHERE:

Techmeme - The languages discussed are used by banks and governments.

HOW:

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

Techmeme - OpenAI describes the models’ improved language capabilities as supporting software development and migration in COBOL, Fortran, and Visual Basic.

(UPDATED October 21, 2026 00:42 UTC)

OpenAI says its new models have made major performance leaps in legacy languages including COBOL, Fortran, and Visual Basic. The company says the languages are widely used by banks and governments, and that its models can help build and migrate software written in them. That includes helping banks move away from older COBOL programs.