Hypercubic Launches AI Platform to Modernize 1960s COBOL Systems Still Powering 70% of Major Enterprises

Jan 12, 2026
Y Combinator
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Summary

Hypercubic unveils an AI platform to modernize critical 1960s COBOL mainframe systems that still power 70% of major enterprises, addressing the crisis of retiring engineers taking decades of institutional knowledge from undocumented systems running banks, airlines, and government operations.

Key Points

  • Hypercubic launches AI platform to help Fortune 500 companies understand and modernize their critical COBOL mainframe systems from the 1960s that still power 70% of major enterprises
  • The company addresses the crisis of retiring engineers taking decades of institutional knowledge with them, leaving behind undocumented systems that run banks, airlines, and government operations
  • Their solution includes HyperDocs for generating system documentation and HyperTwin for capturing expert workflows, creating a foundation for AI agents to safely maintain legacy infrastructure

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