After IBM’s stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.
Related Posts
Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
Meta starts dismantling its $2 billion Manus acquisition after Beijing ordered the deal reversed.
Omen AI’s plan to optimize data centers is all wet
Omen AI raised a $31 million Series A to monitor chip coolant and stop bacterial outbreaks in data…
Vibe coding platform Base44 launches own model as AI startups seek defensibility
Wix-owned vibe coding platform Base44 has started rolling out its own AI model — with hopes that it…