IBM has a plan to profit from the AI race that doesn’t involve pouring billions of dollars into data centers or new models. CEO Arvind Krishna sits down with WSJ columnist Christopher Mims after the company’s worst single-day stock loss in history to share his vision for Big Blue’s future. Plus, lifestyle collections from Palantir and OpenAI have sparked ridicule across the internet. WSJ features editor Jamie Waters joins to explain why the products are selling out anyway. Have you seen an AI-generated post you thought was real? We want to hear from you! Record a voice memo and send it to tnb@wsj.com or leave us a voicemail at (212) 416-2236. Sign up for the WSJ&#x27;s free Technology newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

At 115 Years Old, Can IBM Survive the AI Era? CEO Arvind Krishna Makes the Case

WSJ Tech News Briefing

[SPEAKER_04] The thing about AI for business, it may not automatically fit the way your business works. At IBM, we've seen this firsthand, but by embedding AI across HR, IT and procurement processes, we've reduced costs by millions, slashed repetitive tasks and freed thousands of hours for strategic work. Now we're helping companies get smarter by putting AI where it actually pays off, deep in the work that moves the business. Let's create smarter business, IBM.

[SPEAKER_00] Welcome to Tech News Briefing. It's Tuesday, July 28th. I'm Imani Moise for The Wall Street Journal. Tech swag isn't just for employees anymore. We'll explain why companies are getting into the fashion business. And who's actually paying $175 for an OpenAI half-zip sweatshirt. Then, after the worst single-day stock loss in IBM's history earlier this month, CEO Arvind Krishna sat down with The Wall Street Journal to lay out the bull case for the company.

[SPEAKER_00] He'll explain why he thinks investors have it wrong. But first, if you think getting your hands on the latest Jordans is hard, try getting a Palantir chore coat. Tech firms are now treating merch releases like a side hustle, selling everything from hoodies to water bottles to rice cookers. The collections have sparked ridicule across the internet.

[SPEAKER_00] But many products have sold out, proving that while AI is fueling backlash, it's also building a fandom. Wall Street Journal features editor Jamie Waters looked into OpenAI's latest launch and joins us now to unpack why these companies are suddenly looking like lifestyle brands. So, Jamie, why are tech companies launching clothing lines?

At 115 Years Old, Can IBM Survive the AI Era? CEO Arvind Krishna Makes the Case

Read the full transcript

The candid version is on a podcast,
not the earnings call.

At 115 Years Old, Can IBM Survive the AI Era? CEO Arvind Krishna Makes the Case

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.