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The Latest Breaking News from Arvind Krishna

10 CEOs Who Admitted They're Replacing Workers with AI in 2026 — And One Cut 80% of His Staff

Corporate leaders from Amazon to Salesforce have publicly confirmed that AI is eliminating jobs, with survey data showing 37% of companies expect to replace roles by the end of 2026.

International Business Times UK

Louis Gerstner, the man who saved IBM, dies at 83 — industry mourns the passing of transformative CEO

Louis Gerstner, who took over IBM in 1993 as it stood on the brink of breakup and bankruptcy, died at 83, leaving behind a legacy defined by preserving IBM as an integrated company and changing its direction nearly entirely.

Tom’s Hardware

Big companies aren’t making plans to hire in 2026: ‘Everybody’s afraid for their jobs’

The unemployment rate rose to 4.6 percent in November, the highest it's been in four years

The Independent UK

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Louis Gerstner, man credited with turning around IBM, dies aged 83

Gerstner was chair and CEO at a time when the firm was struggling for relevance faced with rivals such as Microsoft

The Guardian - UK

IBM to buy Confluent in $11 billion deal to bolster AI offerings

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

Euronews

"There is 'no way'" - IBM CEO says current AI data center trends are unsustainable, and he would know

IBM CEO Arvind Krishna warns that massive AI data center expansions carry unsustainable costs and hardware replacement challenges globally.

TechRadar

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?

Barchart

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'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.

PC Gamer

'Never bet against' Jensen Huang's 'ability to disrupt himself' says IBM chief

Nvidia was recently evaluated at $5 trillion, but what if the AI bubble pops?

PC Gamer

Bank of America predicts an ‘air pocket,’ not an AI bubble, fueled by mountains of debt piling up from the data center rush

“Is this 2000? Are we in a bubble? No,” BofA’s strategy chief Savita Subramanian said. “Will AI continue in unfettered leadership? No.”

Fortune

IBM CEO warns there’s ‘no way’ hyperscalers like Google and Amazon will be able to turn a profit at the rate of their data center spending

The profits needed to justify massive data center spending don’t add up, said Arvind Krishna.

Fortune

IBM CEO warns that ongoing trillion-dollar AI data center buildout is unsustainable — says there is 'no way' that infrastructure costs can turn a profit

IBM CEO Arvind Krishna used an appearance on The Verge’s Decoder podcast to question whether the capital spending now underway in pursuit of AGI can ever pay for itself.

Tom’s Hardware

The $8 Trillion AI Mirage: IBM Says The Math Just Doesn't Work

Everyone on Wall Street is busy celebrating the AI supercycle — until you try the math. This week, IBM (NYSE:IBM) CEO Arvind Krishna dropped a number so large it could stop the AI party cold.

Benzinga

JPMorgan CEO Jamie Dimon Slams Phones In Meetings As IBM Chairman And CEO Arvind Krishna Pushes Back — Calling A Device Ban 'Weird'

Phones in meetings have sparked an unexpected corporate debate that's dividing two of the world's most influential CEOs.

Benzinga

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Fortune

The only phone notifications Jamie Dimon gets are from his kids—everyone else should call the office

“If you send me a text during the day, I probably do not read it,” Dimon said.

Fortune

IBM's CEO admits Gen Z's hiring nightmare is real—but after promising to hire more grads, he’s laying off thousands of workers

IBM’s CEO Arvind Krishna promised Gen Z he would hire more college grads and be the “opposite” of companies like Amazon laying off workers. Days later, he's giving thousands the pink slip.

Fortune

IBM’s CEO disagrees with JPMorgan CEO Jamie Dimon’s disdain for texting in meetings: ‘Telling people they can't use their technology would be weird’

Jamie Dimon calls checking your email during a meeting disrespectful—but IBM’s CEO says he doesn’t care, depending on the number of people in the room.

Barchart

This Boring Blue-Chip Stock Could Be the Winner in Quantum Computing. Should You Buy Its Shares Here?

According to the Wall Street Journal, IBM is leading the way in terms of quantum advantage.

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news in one place.

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The Guardian - US

Be Best, bots: Melania Trump and tech CEOs discuss saturating US schools with AI

Pivoting from her anti-bullying campaign, the US first lady has inaugurated a taskforce on AI and childhood education

Barchart

These Analysts Want You to Buy the Dip in IBM Stock

IBM is a tech giant that delivered strong Q2 results on the back of AI-powered sales. Is IBM stock still a good buy, according to analysts?

Benzinga

IBM Stock Falls Over 6% In Thursday Pre-Market: What's Going On?

International Business Machines Corp. (NYSE:IBM) declined 6.1% in Thursday’s pre-market trading session after its Q2 software revenue fell short of consensus expectations.

Benzinga

IBM Shares Slide After Q2 Results: EPS Beat, Revenues Beat

International Business Machines Corp. (NYSE:IBM) released its second-quarter results after Wednesday's closing bell. Here's a look at the details from the report.

Benzinga

Dan Ives Bets On Cybersecurity As 'Biggest Subsector' In Tech For 2025; Expects Strong Q2 Earnings From CrowdStrike, Zscaler, Palo Alto, Check Point

Wedbush Securities analyst Daniel Ives has placed his bets on cybersecurity as the “biggest subsector” in the technology sector in 2025.

Fortune

Nvidia CEO Jensen Huang’s success discredits ‘stick to your knitting’ leadership advice

The Nvidia CEO repeatedly tossed out his business plans to embrace disruptive new advances on the frontiers of technology.

Fortune

Is IBM cool again?

Also: Trump says Xi is "hard to make a deal with," Wells Fargo is out of the doghouse, and Ray Dalio rings in AI era.

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Sebastian Siemiatkowski

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