IBM CEO: rationing AI is a slow way to lose
ByArvind Krishna
Arvind Krishna
ByArvind Krishna
Arvind Krishna
November 5, 2026, 8:30 AM ET
Arvind Krishna is the chairman, president and CEO of IBM. IBM sells the AI operating layer this piece describes, including watsonx and Red Hat, which IBM owns, and helped build the open-
Arvind Krishna is the chairman, president and CEO of IBM.Courtesy of IBM
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This year, for the first time, the world will spend more money running AI systems than training them. Training them was a capital bet placed by a handful of companies. Running them is an operating expense, and it lands on everyone’s P&L, every day, for as long as the system is in use. The question for business leaders is no longer whether AI works. It is whether they can afford to run it at scale.
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