Previous Close | 8.60 |
Open | 7.77 |
Bid | 7.40 |
Ask | 8.85 |
Strike | 175.00 |
Expire Date | 2024-05-17 |
Day's Range | 7.65 - 8.33 |
Contract Range | N/A |
Volume | |
Open Interest | 2.03k |
IBM chairman and CEO Arvind Krishna shares his thoughts on why the economy has slowed, and why AI is benefiting from it.
AI has taken Wall Street by storm as many companies seek to incorporate the technology into their businesses. IBM (IBM) is no different, yet its technology might not be fully priced into its valuation, the tech giant's CEO suggests. Yahoo Finance Anchors Brian Sozzi and Akiko Fujita are joined by IBM CEO Arvind Krishna at the Annual Milken Global Institute Conference to explain why IBM's valuation may not be on par with other AI stocks. "We are building, we're staying in the right places that have credibility, we work with enterprise, hybrid cloud, AI, and quantum down the road. By the way, I don't think quantum or AI is fully priced into where we are, but I'll acknowledge that quantum is still three to five years out, and AI is kind of in its early innings," Krishna says. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
IBM (IBM) like many other tech giants, have put considerable investments into AI. IBM Chairman and CEO Arvind Krishna spoke with Yahoo Finance's Brian Sozzi and Akiko Fujita at the Milken Global Institute Conference to discuss the company's performance, its investments in AI, and how the rest of the world views AI. Krishna speaks on AI regulation in the US: "I'm not concerned about the US falling behind. What I'm concerned about is that regulators should not regulate the technology. What regulators should regulate is the risk of the use cases. Can you imagine sitting back in 1995, let's regulate the internet, so lets regulate dial-up modems. How useful would that have been to today?" He continues with: "Don't regulate the technology. All you will do is it will go offshore, these are digital technologies, but regulate the use case, so we are sure it's being used responsibly. One that I also talk about, is make people who develop models accountable for what the models can do. I think those are tools that are classic policy tools and can be wonderfully applied." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino