Business Insider
Business Insider
US · 42 mins ago

IBM gets sucked into the AI-powered memory chip vortex

A huge whirlpool near Oarai City, Ibaraki Prefecture, northeastern Japan Reuters IBM warned investors of a shift in tech budgets as AI spending impacts other tech sectors. Security spending is increasing as companies react to AI-driven cybersecurity threats. As AI investment soars and memory prices surge, there's only so much money to go around. IBM's pre-earnings warning to investors reveals a new reality in the AI spending boom: There's only so much money to go around, so some tech…
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