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IBM AI Woes

IBM warns AI spending shift is hitting core business

IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet of how the AI boom is reshaping the technology sector.

13:34
Artificial intelligence

Humanoid robot that mimics world leaders unveiled at AI summit

A Swiss humanoid robot capable of displaying the faces of world leaders and business executives was showcased at the AI for Good Global Summit in Geneva on Tuesday (7 July). Developers said the technology could make human-machine interactions more natural and expressive.

20:42
IBM AI Woes

IBM warns AI spending shift is hitting core business

IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet of how the AI boom is reshaping the technology sector.

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05:15
Middle East

U.S. forces resume blockade of vessels travelling to and from Iran

The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.

20:42
IBM AI Woes

IBM warns AI spending shift is hitting core business

IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet of how the AI boom is reshaping the technology sector.