YouTube Description:
IBM has survived wars, recessions and multiple technology revolutions. But the AI boom has dealt it one of its biggest setbacks in decades.
IBM’s shares crashed 25%, wiping out nearly $70 billion in market value after the company missed revenue expectations and admitted it failed to adapt quickly enough to changing AI spending trends.
Why did customers suddenly shift their budgets? Is this an IBM-specific problem or a warning sign for the entire tech industry?
Watch to understand what went wrong, what CEO Arvind Krishna admitted, and what it means for the future of enterprise AI spending.
#IBM #AI #ArtificialIntelligence #TechNews #BusinessStandard #ArvindKrishna #StockMarket #Technology #EnterpriseAI #BusinessNews
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