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IBM's AI Defense and Stock Struggle | Raleigh News
IBM’s CEO Arvind Krishna admits the company missed execution marks, defending its software business by arguing that only 2% is at risk from AI — the rest underpins AI infrastructure. Amid its worst single-day stock drop in a century and ongoing revenue declines, especially in mainframes, Krishna’s strategy hinges on delayed deals closing and mainframe demand rebounding — a gamble Wall Street is watching closely. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on…
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