Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Technology · 10 June 2026

IBM chief says rivals may fail on AI

IBM chief says rivals may fail on AI

Photo by Carson Masterson on Unsplash

Businesses buying AI projects could face problems if suppliers lack the systems needed to deliver them. Speaking to City AM, IBM Consulting head Mohamad Ali said some firms are agreeing to heavily discounted contracts despite not having the right setup, and warned weaker players may not last. IBM Consulting reported $21.16bn revenue in 2025 and Ali said it holds an 18-month advantage.

Reported by City AM · How we write briefs

More briefs

WorldSingapore threatens to prosecute firms behind Indonesia's worst fires in years as smoke spreads WorldFlash floods destroy villages in central Nepal WorldIMF chief says AI needs safeguards before it runs people over WorldChina moves to curb tech exports, including AI, citing national security risks WorldAirbus boss warns Burnham that picking Lockheed Martin for £2.4bn satellite deal could cost UK WorldUN chief frontrunner Grynspan says the UN plays it too safe Browse all stories →