Big tech has been dumping vast sums of money on building out AI capabilities, but will it pay off in the long run? One tech ...

"It’s my view that there’s no way you’re going to get a return on that." The post IBM CEO Says the Math Just Doesn’t Add Up on Its Competitors’ AI Spending appeared first on Futurism.

He estimated that an $8 trillion investment in AGI would require $800 billion in profit just to service interest payments, a ...

Investors are racing to pour unprecedented sums into artificial intelligence infrastructure, but the basic economics are starting to look strained. IBM chief executive Arvind Krishna is now warning ...

Dec 8 (Reuters) - IBM (IBM.N) said on Monday it will buy data infrastructure company Confluent (CFLT.O) in a deal valued at ...

IBM's CEO Arvind Krishna warns that the race for Artificial General Intelligence (AGI) could cost trillions, potentially ...

IBM CEO Arvind Krishna believes that AI is not responsible for the widespread job cuts and layoffs seen across the tech ...

Data streaming platform Confluent is responsible for infrastructure that underpins AI systems, allowing companies to rapidly ...

IBM CEO Arvind Krishna attributes current tech layoffs to pandemic-era over-hiring, not AI. He predicts AI may displace up to ...

IBM proves AI impact comes from redesigning work and culture, with leaders and employees driving change, not from new tools ...

IBM CEO Arvind Krishna argues that AI is not going through a financial bubble, despite many analysts, banks, and investors claiming otherwise. Krishna, who has led ...

IBM will acquire Confluent for approximately $11 billion to advance enterprise AI with an end-to-end data platform.