WorkThe story, in brief
IBM's Krishna tries to reassure investors that AI won't disrupt company's software unit
IBM's CEO just admitted what investors are really worried about: AI is eating the software business.
The KeyNews take
Why it matters
IBM leadership is publicly acknowledging AI disruption risk to its legacy software unit while attempting damage control—a candid admission that the market is watching for signs of competitive vulnerability in traditional enterprise software.
The key facts
4 to knowCEO Krishna statement: software will 'catch back up' within a year
Mainframe hardware capacity highlighted as growth area
Implicit admission of AI-driven software disruption concerns
Investor reassurance context suggests market anxiety about IBM's software portfolio viability
Go to the source
CNBC Technologycnbc.com
Publisher excerpt: IBM's CEO highlighted growing mainframe hardware capacity, and said software should "catch back up" within a year.