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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