The company said weaker-than-expected sales highlight a growing gap between tech firms benefiting from the AI boom and those yet to translate it into stronger revenue.
IBM said sales are falling well short of expectations, underscoring what it described as a widening gulf between AI winners and the rest of the technology sector. The warning points to a familiar market split in which companies seen as direct beneficiaries of artificial intelligence attract stronger growth expectations, while others face pressure to prove that AI enthusiasm can translate into near-term revenue.