newsObservedPublished: 14h ago
IBM cuts full-year sales outlook as mainframe demand drops
IBM cut its full-year sales outlook due to a dip in mainframe demand. Revenue will increase 4-5%, down from over 5%.
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IBM cuts full-year sales outlook as mainframe demand drops Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Cnbctv18 https://a2zai.ai/bytes/ibm-cuts-full-year-sales-outlook-as-mainframe-demand-drops-d0...
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