IBM plans to strengthen its position in the fast-growing AI market by increasing investment in the U.S. and offering its own tools to help customers manage AI agents for their key business applications, IBM CEO Arvind Krishna told Reuters.
The IBM chief said the company’s software allows customers to build their own AI systems and integrate AI agents from other providers, including Salesforce, Adobe and Workday, to help meet the need for custom solutions in many areas of business.
IBM’s approach is to offer a full range of cloud and AI services to other companies that currently rely on market leaders AWS and Microsoft. IBM is particularly focused on embedding AI capabilities in multi-cloud platforms, which will find demand among those who need custom AI solutions, as well as in their own data management infrastructures.
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According to the CEO of IBM, the proposed tools, which allow you to create your own AI agents in no more than five minutes, are based on the LLM Granite family, as well as alternative models from Meta✴ Platforms and Mistral. IBM reported that it has already received orders for creating solutions based on generative AI worth $6 billion.
The company also announced plans in April to invest $150 billion over five years in the U.S., where it has been making mainframes for more than 60 years. Krishna emphasized that quantum computers will also be made in the U.S. The IBM chief said the synergy between mainframes, AI, and quantum computing is expected to create a robust and sustainable market to invest in, allowing the company to leverage these advances over the next decade.
Krishna added that the administration’s focus on technology and reduced regulation has had a beneficial effect on the U.S. economy, helping it grow. This allows IBM to ramp up investment and innovation, potentially strengthening its competitive position as a provider of AI-based business solutions.