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IBM warns AI boom squeezing software budgets

  • None--iTnews
  • published date: 2026-07-14 20:34:00 UTC

Limited budgets diverted to hardware.

IBM said it had "faltered" in keeping pace with a ⁠shift in ⁠corporate spending from software to data-centre infrastructure and would take a big earnings hit in the second quarter, in the clearest si… [+3407 chars]

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