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FORGOTTEN HISTORY: 2 - Caught on Camera

Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans

As companies like Meta and Amazon use AI to justify headcount reductions, Costco is doubling down on $1.50 hot dogs and humans at the cash register.

Fortune

US to invest $2 billion in IBM, other quantum computing firms

US government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lead in advanced computing and counter China. IBM gets $1 billion, GlobalFoundries $375 million, while smaller firms like D-Wave and Rigetti also receive funding amid rising investor interest.

The Economic Times

The U.S. has 1,200 AI bills and no good test for any of them

Yale's Jeffrey Sonnenfeld and Stephen Henriques and NYU's Gary Marcus offer a method for separating necessary AI regulation from legislative noise.

Fortune

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A $1 Billion Reason to Buy the Dip in IBM Stock

IBM stock dipped after Q1 2026 earnings, but the company is projecting $1 billion in added free cash flow. Here is why the selloff could be a buying opportunity.

Barchart

IBM is tripling the number of Gen Z entry-level jobs after finding the limits of AI adoption

Gen Z jobs aren’t dead yet: $240 billion tech giant IBM says it’s rewriting entry-level jobs—and tripling down on its hiring of young talent.

Fortune

10 CEOs Who Admitted They're Replacing Workers with AI in 2026 — And One Cut 80% of His Staff

Corporate leaders from Amazon to Salesforce have publicly confirmed that AI is eliminating jobs, with survey data showing 37% of companies expect to replace roles by the end of 2026.

International Business Times UK

Louis Gerstner, the man who saved IBM, dies at 83 — industry mourns the passing of transformative CEO

Louis Gerstner, who took over IBM in 1993 as it stood on the brink of breakup and bankruptcy, died at 83, leaving behind a legacy defined by preserving IBM as an integrated company and changing its direction nearly entirely.

Tom’s Hardware

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Big companies aren’t making plans to hire in 2026: ‘Everybody’s afraid for their jobs’

The unemployment rate rose to 4.6 percent in November, the highest it's been in four years

The Independent UK

Louis Gerstner, man credited with turning around IBM, dies aged 83

Gerstner was chair and CEO at a time when the firm was struggling for relevance faced with rivals such as Microsoft

The Guardian - UK

IBM to buy Confluent in $11 billion deal to bolster AI offerings

Data streaming platform Confluent is responsible for infrastructure that underpins AI systems, allowing companies to rapidly transfer information.

Euronews

"There is 'no way'" - IBM CEO says current AI data center trends are unsustainable, and he would know

IBM CEO Arvind Krishna warns that massive AI data center expansions carry unsustainable costs and hardware replacement challenges globally.

TechRadar

With Fears Swirling, IBM Says There Is No AI Bubble. Does That Make IBM Stock a Buy Here?

Despite all the noise about an AI bubble, IBM isn’t buying into the fear. Could that confidence be your cue to load up on the stock?

Barchart

'This is a race towards who can get more and more of the world’s 7.5 billion people to become subscribers': IBM's CEO says the AI industry isn't a bubble

I'm not so sure.

PC Gamer

'Never bet against' Jensen Huang's 'ability to disrupt himself' says IBM chief

Nvidia was recently evaluated at $5 trillion, but what if the AI bubble pops?

PC Gamer

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Fortune

Bank of America predicts an ‘air pocket,’ not an AI bubble, fueled by mountains of debt piling up from the data center rush

“Is this 2000? Are we in a bubble? No,” BofA’s strategy chief Savita Subramanian said. “Will AI continue in unfettered leadership? No.”

Fortune

IBM CEO warns there’s ‘no way’ hyperscalers like Google and Amazon will be able to turn a profit at the rate of their data center spending

The profits needed to justify massive data center spending don’t add up, said Arvind Krishna.

Tom’s Hardware

IBM CEO warns that ongoing trillion-dollar AI data center buildout is unsustainable — says there is 'no way' that infrastructure costs can turn a profit

IBM CEO Arvind Krishna used an appearance on The Verge’s Decoder podcast to question whether the capital spending now underway in pursuit of AGI can ever pay for itself.

Benzinga

The $8 Trillion AI Mirage: IBM Says The Math Just Doesn't Work

Everyone on Wall Street is busy celebrating the AI supercycle — until you try the math. This week, IBM (NYSE:IBM) CEO Arvind Krishna dropped a number so large it could stop the AI party cold.

Get all your
news in one place.

100's of premium titles.
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Benzinga

JPMorgan CEO Jamie Dimon Slams Phones In Meetings As IBM Chairman And CEO Arvind Krishna Pushes Back — Calling A Device Ban 'Weird'

Phones in meetings have sparked an unexpected corporate debate that's dividing two of the world's most influential CEOs.

Fortune

The only phone notifications Jamie Dimon gets are from his kids—everyone else should call the office

“If you send me a text during the day, I probably do not read it,” Dimon said.

Fortune

IBM's CEO admits Gen Z's hiring nightmare is real—but after promising to hire more grads, he’s laying off thousands of workers

IBM’s CEO Arvind Krishna promised Gen Z he would hire more college grads and be the “opposite” of companies like Amazon laying off workers. Days later, he's giving thousands the pink slip.

Fortune

IBM’s CEO disagrees with JPMorgan CEO Jamie Dimon’s disdain for texting in meetings: ‘Telling people they can't use their technology would be weird’

Jamie Dimon calls checking your email during a meeting disrespectful—but IBM’s CEO says he doesn’t care, depending on the number of people in the room.

Barchart

This Boring Blue-Chip Stock Could Be the Winner in Quantum Computing. Should You Buy Its Shares Here?

According to the Wall Street Journal, IBM is leading the way in terms of quantum advantage.

The Guardian - US

Be Best, bots: Melania Trump and tech CEOs discuss saturating US schools with AI

Pivoting from her anti-bullying campaign, the US first lady has inaugurated a taskforce on AI and childhood education

Barchart

These Analysts Want You to Buy the Dip in IBM Stock

IBM is a tech giant that delivered strong Q2 results on the back of AI-powered sales. Is IBM stock still a good buy, according to analysts?

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Sebastian Siemiatkowski

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