As tech giants race to build data centers targeting artificial general intelligence (AGI), IBM CEO Arvind Krishna cautions that the industry is on a costly path that's difficult to recoup. Speaking on ...

Gerstner moved to IBM from being the CEO of RJR Nabisco in April 1993 after stints at American Express (AXP.N) and the ...

IBM CEO Arvind Krishna and Fitch Ratings are separately questioning the wisdom of trillions of dollars in planned data center spending by the world’s largest tech companies, adding a pair of credible ...

IBM's CEO walked through some napkin math on data centers— and said that there's "no way" to turn a profit at current costs. "$8 trillion of CapEx means you need roughly $800 billion of profit just to ...

IBM is betting $11 billion that real-time data infrastructure will become as critical to AI deployments as databases were to enterprise applications. The company's just-announced acquisition of ...

Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...

IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...

Editor's take: Normal people are now shelling out hundreds of dollars for modest RAM upgrades, while the companies powering the AI boom are looking forward to even more market hysteria. And despite ...

IBM is consuming data streaming provider Confluent in an $11 billion deal targeted at bolstering Big Blue’s growing software empire. The proposed deal will see IBM acquire Confluent for $31 per share, ...

He describes the 15- to 20-year leases developers rely on as "Swiss cheese" leases — agreements that may look solid but are ...

IBM just acquired Confluent for $11 billion. When I was at IBM, I watched enterprises struggle with the same problem over and over again. Their data was always a step behind their decisions. This ...

At today's costs, he told Decoder, it takes roughly $80 billion to build and fully equip a 1-gigawatt AI data center. And with nearly 100 gigawatts of hyperscale capacity already announced across the ...