Latest Second Quarter News & Updates

New Delhi, July 15 (IANS) US-based technology giant IBM’s Chairman and CEO Arvind Krishna has admitted that the company underestimated the scale of customers’ shift in spending towards artificial intelligence (AI) infrastructure and failed to adapt quickly enough, saying we faltered in the second quarter as the trend weighed on its revenue.In a letter to investors released alongside selected preliminary second-quarter results, Krishna said IBM had expected some supply chain-related disruption bu…