IBM Claims AI Netted It $3.5-B in Productivity Gains

If businesses had the opportunity to rethink how they operate in order to drive growth, what would they do?

The AI technologies enabled IBM to invest more in talent, innovation and acquisition. (Photo: IBM Facebook) 

Joanne Wright, IBM’s senior vice president of transformation and operations, says artificial intelligence and automation helped the company generate $3.5 billion in productivity gains since 2023.

Wright said the technologies enabled IBM to invest more in talent, innovation and acquisitions, Martin Baccardax reported for Barron’s Daily.

For now, Trump’s search for an exit from an unpopular and costly war appears to be just enough to bring bulls—or at least bargain hunters—back into the market.

Whether Trump’s words will hold through the end of the week, or even through the next trading session, remains uncertain.

Iran continues launching counterstrikes, the Strait of Hormuz remains at a standstill, and oil prices remain only a few bad hours away from climbing back toward $100 a barrel, Baccardax said.