IBM CEO makes play for AI market and more US investment

In a recent announcement, IBM CEO Arvind Krishna has outlined the company’s strategy to strengthen its position in the artificial intelligence (AI) market. Krishna aims to achieve this by increasing IBM’s investment in the US, with a focus on research and development in AI, hybrid cloud, and quantum computing. This move is part of IBM’s broader plan to expand its presence in key growth areas and capitalize on the increasing demand for AI-powered solutions. The company also plans to hire thousands of employees in the US, particularly in high-skilled areas such as data science and cloud computing. This announcement comes as IBM looks to regain its competitive edge in the tech industry and meet the evolving needs of its customers.