IBM CEO Arvind Krishna Assures Investors AI Won't Disrupt Software Unit

IBM CEO Arvind Krishna told CNBC that only about 2% of IBM's software could be replaced by applications built with artificial intelligence models, aiming to reassure investors after disappointing second-quarter results. The comments come amid growing concerns in the market over AI disrupting traditional software business models.

By Jordan Novet · CNBC ·

IBM CEO Arvind Krishna Assures Investors AI Won't Disrupt Software Unit

Tickers: $IBM $IGV

Topics: AI disruption IBM earnings mainframe computers software business model

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