Business · 1h ago
IBM Blames AI for Mainframe Sales Slump, Insists Platform Isn't Dead
IBM's stock plunged after warning of weak mainframe sales, which the CEO attributed to AI investments diverting corporate hardware budgets. The company insists the mainframe remains vital for mission-critical workloads. Despite the downturn, IBM expects mainframe demand to recover as AI workloads eventually require its processing power.
Meridian48 take
IBM's claim that AI is a temporary budget thief, not a permanent replacement, is plausible but unproven—mainframes have survived many supposed threats.
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After shocking quarter, IBM insists that AI isn’t killing the mainframe →
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