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The Ascendance of AI in Legacy Businesses: A New Era for Tech and Industrial Companies
The surge of artificial intelligence (AI) technology is prompting legacy tech and industrial firms to make significant investments and reap substantial profits. Companies like IBM, which has been operating for 113 years, are at the forefront of this transition, signaling a generational leap in their business strategies.
IBM's Massive Investment in AI Infrastructure
Recently, IBM's CEO announced a hefty investment, amounting to billions, aimed at constructing a new data center in Poughkeepsie, New York. This bold move highlights IBM's commitment to the AI frontier, as they work to ensure their relevance and competitive edge in a rapidly evolving industry.