Could IBM's Cognitus Deal Be the Spark That Reclaims Its AI Edge?
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International Business Machines (NYSE: IBM) is again emerging as a force in the tech industry. Until a few years ago, IBM looked increasingly like a company the tech industry had left behind, and its stock performance reflected that.That has changed under the leadership of CEO Arvind Krishna. He spearheaded the Red Hat acquisition in 2019 that began IBM's comeback, and since becoming CEO in 2020, he has built on that with several acquisitions and a deeper focus on areas such as the hybrid cloud, artificial intelligence (AI), and quantum computing.Today, it has reinforced this approach with its latest purchase, the specialist in applications working with SAP SE's SAP software, Cognitus. The question for investors is whether this deal will help the company reclaim its edge in AI.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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