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AI Infrastructure Boom Hits IBM Hard

IBM CEO Arvind Krishna has admitted the company underestimated how quickly customers would redirect technology spending towards artificial intelligence infrastructure. The admission came after the company reported weaker-than-expected preliminary second-quarter results, sending
July 15, 2026

AI Spending Drives Microsoft Job Cuts

Despite the workforce reductions, Microsoft’s AI business continues to expand. Its Azure cloud platform remains a major beneficiary of growing enterprise demand for AI services Microsoft has announced another major round of
July 7, 2026
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