IBM warns AI boom squeezing software budgets, shares sink

IBM shares fell 25% after the company warned that AI infrastructure spending is drawing funds away from software, leading to lower-than-expected revenue growth. #News #Reuters #Newsfeed #IBM #AIinfrastructure # results Read the story here: https://reut.rs/4f2fG2D 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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