Enterprise spending
2 stories
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financeIBM's Profit Warning Signals Major Shift in Enterprise AI Spending
IBM's Q2 2026 preliminary results revealed a sharp pivot in corporate budgets toward AI hardware, causing revenue to miss estimates and sending shares plunging 25%.
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financeUBS: 60% of Enterprises Slash AI Spending, Pivot to Cheaper Models
A UBS report reveals a major corporate shift away from premium AI solutions toward low-cost and open-source Chinese alternatives, threatening NVIDIA's growth prospects.