IBM CEO Says the Math Just Doesn't Add Up on Its Competitors' AI Spending

IBM CEO Says the Math Just Doesn't Add Up on Its Competitors' AI Spending

AI companies are continuing to pour ungodly amounts of money into building out data centers, in an enormous bet that both analysts and tech leaders warn may not pay off for many years to come — if it ever does. OpenAI most recently committed to spending well over a trillion dollars before the end of the decade as it continues to burn oodles of cash each quarter, enormous losses that are having investors asking some hard questions. Put simply, as…

IBM’s Krishna: Trillions in AI spend, “Near Zero” Odds of AGI from Today’s Tech

IBM CEO Arvind Krishna has poured cold water on some of the biggest assumptions behind the current AI boom, even as he insists it is not a bubble and continues to invest heavily in generative AI and quantum computing. He was speaking in a long-form Decoder interview with Nilay Patel for The Verge. The Real […] The post IBM’s Krishna: Trillions in AI spend, “Near Zero” Odds of AGI from Today’s Tech appeared first on eeNews Europe.

With Fears Swirling, IBM Says There Is No AI Bubble. Does That Make IBM Stock a Buy Here?

Despite all the noise about an AI bubble, IBM isn’t buying into the fear. Could that confidence be your cue to load up on the stock?

'This is a race towards who can get more and more of the world’s 7.5 billion people to become subscribers': IBM's CEO says the AI industry isn't a bubble

I'm not so sure.

IBM CEO Arvind Krishna: There is no AI bubble

IBM CEO Arvind Krishna does not see the current AI wave as a bubble. AI is not growing on speculation, but on actual value creation.