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IBM is just not into the 'spend megabucks on cloudy GPUs' thing, rents them instead

Thursday October 23, 2025. 03:23 AM , from TheRegister
Infra revenue soars and AI helps everything … except the share price
If IBM reveals improved profit margins or a fresh round of redundancies, AI may be the reason, because Big Blue today revealed that its own “Project Bob” developer assistance tools have improved productivity among its coders by 45 percent.…
https://go.theregister.com/feed/www.theregister.com/2025/10/23/ibm_q3_2025/

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