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AI IMPACT ON IBM
Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AIIBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. C...- IBM stock tumbles 25% as preliminary quarterly results fall below expectationsIBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit an...
- IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
- Along came an alien prompt: A day in the life of a software engineerThe role of an IT engineer has been rewritten over the past two years. Against the backdrop of persistent layoff fears, ET speaks to a cros...
- Apple CEO Tim Cook says AI boom makes price increases 'unavoidable'Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase...
- Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
- Observability firm Coralogix deepens India bet as AI security demand risesIsraeli observability platform Coralogix is significantly expanding its operations in India, a key growth market, as enterprises adopt AI-d...
- How smart supply chain solutions are redefining B2B procurementProcurement has evolved into a strategic business driver, moving beyond its traditional support role. Modern enterprises are adopting intel...
- 'Let me make this point, please...': Former Google CEO Eric Schmidt booed by University of Arizona students. Here's what he said on AIFormer Google CEO Eric Schmidt faced boos at the University of Arizona commencement for warning graduates about technology's 'mess'. He ack...
- India can become world's AI skill capital if AI literacy doubles by 2030: IBM India MDWith the right investment in education and training, India is on track to emerge as the global hub for artificial intelligence skills by 20...
- AI could add over $500 billion to India's economy by 2030: StudyArtificial Intelligence promises to boost India's economy by over $500 billion by 2030. Indian business leaders are optimistic about AI's r...
- Cybersecurity entering AI-vs-AI era as attackers, defenders deploy autonomous systems: WEF reportThe cybersecurity landscape is shifting to an "AI versus AI" era as attackers leverage artificial intelligence for faster, more sophisticat...
- US software stocks slide as IBM, ServiceNow results reignite AI disruption fearsUS software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI...
- US Stock Market: IBM shares slide after software weakness clouds Q1 resultsIBM shares fell in after-hours trading after its Q1 results signalled a slowdown in revenue growth, particularly in its software division. ...
- IBM revenue growth slows on AI worries; shares fallIBM's first-quarter revenue growth slowed to 9%, raising concerns about AI's impact on its software business, particularly after a rival to...
- IBM stock crash: How a single blog post wiped $30 billion off IBM’s market value in one afternoon - here's what rattled investorsIBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop...
- IBM to cut thousands of workers amid AI boomIBM plans to cut thousands of jobs as it shifts focus to AI consulting and software, affecting a small percentage of its 270,000-strong wor...
- IBM mulls using its own AI chip in new cloud service to lower costsIBM is hoping to take advantage of the boom in generative AI technologies that can write human-like text more than a decade after Watson, i...
- IBM, IISc Bengaluru launch innovation lab for hybrid cloud researchThe IBM-IISc Hybrid Cloud lab is located on campus in Bengaluru. Students and faculty across departments will work along side IBM Research ...
- IBM introduces advanced AI tools to make sense of complex languageIBM said this advanced version of natural language processing (NLP) for its Project Debater would have the capability to understand challen...
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