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The Latest Breaking News from Arvind Krishna

IBM believes 7,800 members of its staff could be replaced by AI

Though not the PC Gamer staff. Not yet, anyway.

PC Gamer

IBM CEO says working from home won't get you anywhere

Working from home threatens your career prospects, says IBM CEO Arvind Krishna, expecting more workers to ditch their home office.

TechRadar

IBM CEO says we ‘work better together’ while announcing plans to cut jobs that A.I. can do

IBM CEO Arvind Krishna appears to imagine a world of harmony between robots and workers, at least in his office.

Fortune

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A.I.’s threat to jobs is not hypothetical—just ask IBM

IBM sees a lot of its roles going to chatbots in the near future.

Fortune

IBM pauses hiring push in favor of using AI

IBM now reckons AI could replace one-third of its back-office workers in the next five years, leaving thousands jobless.

TechRadar

AI Market Impact Gets Real and Fast; Here's How and Where

Artificial intelligence is here and growing fast, putting jobs at risk and posing a complicated challenge for executives and policymakers.

The Street

‘Godfather of AI’ Geoffrey Hinton quits Google and warns over dangers of misinformation

The neural network pioneer says dangers of chatbots were ‘quite scary’ and warns they could be exploited by ‘bad actors’

The Guardian - AU

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IBM CEO: ‘Today’s workforce should prepare to work hand in hand with A.I.'

People working together with A.I. will have a transformative effect on our economy and society, writes IBM CEO Arvind Krishna.

Fortune

The CEO of IBM says A.I. is going to replace ‘clerical white-collar work’ but it could be ‘a good thing’ for the looming population crisis

A.I. is set to be a disruptive force for the labor market, but that might actually be a good thing.

Fortune

IBM to cut 3,900 jobs as it reorganises business

NEW YORK: IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.

Bangkok Post

IBM to cut 3,900 jobs as it reorganizes business

New York (AFP) - IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.

AFP

Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges

How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023.

Fortune

IBM CEO Arvind Krishna's best career advice is to live every day ready to be fired

"You should never be in fear of taking one or two steps back."

Fortune

Biden hails IBM's $20 bln investment announcement

Poughkeepsie (United States) (AFP) - IBM hosted US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state.

AFP

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Tribune News Service

IBM posts highest sales growth in a decade, cuts cash-flow estimate

International Business Machines Corp. lowered its forecasts for free cash flow this year due to the impact of a strong dollar and the loss of business in Russia, sending the shares down.

The Street

IBM Stocks Slumps After Warning On Strong Dollar Hit to 2022 Revenues

"With our first half results, we continue to expect full-year revenue growth at the high end of our mid-single digit model," said CEO Arvind Krishna.

The Street

IBM Stock Jumps After Q1 Earnings Beat, Solid Cloud, Consulting Outlook

This solid start to the year reinforces our confidence in our strategy (and) we continue to see a strong demand environment for both technology and consulting," said CEO Arvind Krishna.

Benzinga

Here's Why Morgan Stanley Is Bullish On IBM

Morgan Stanley analyst Erik Woodring upgraded the rating on International Business Machines Corp (NYSE:IBM) to Overweight from Equal-weight, with a price target boost to $150 from $147 (16% upside). Woodring saw IBM as a reliable "defensive play" amid more significant risks in the tech sector. IBM will likely outperform in Q1 in a scenario of…

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