IBM’s CEO has stated that artificial intelligence (AI) has replaced hundreds of jobs within the company but has also created new roles in programming and sales. IBM and Oracle have expanded their partnership to advance agentic AI and hybrid cloud solutions. The CEO emphasized IBM’s commitment to the AI market and increasing U.S. investments. IBM anticipates over a billion new applications will be built using generative AI, and they aim to facilitate this through agentic AI. Their new AI solutions focus on easing deployment and integration challenges for businesses.
— new from WSJ