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IBM CEO makes play for AI market and more US investment

  • On May 7, 2025, IBM announced new AI tools at its Think conference in the United States to help enterprises manage business-focused AI agents efficiently.
  • IBM developed these tools to integrate AI agents from multiple providers and enable customers to build custom agents for untapped applications within five minutes.
  • The software uses IBM Granite, Meta, and Mistral AI models and aims to accelerate enterprise deployments, bridging experimentation and secure, governed production environments.
  • IBM CEO Arvind Krishna predicted that generative AI will enable the creation of more than a billion new applications in the coming years and emphasized the need to boost federal research and development funding, which currently remains near historic lows.
  • IBM's AI expansion aligns with a planned $150 billion investment in the US, addressing funding cutbacks and signaling strategic focus on AI, mainframe, and quantum computing markets.
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VentureBeat broke the news in San Francisco, United States on Tuesday, May 6, 2025.
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