"Krishna pointed to IBM winning $9.5 billion of work related to generative AI as a fine achievement, and a 59 percent year-over-year jump for mainframe revenue - a result that reflects the recent launch of the new Z17 machines. The debut of revised big iron helped IBM's infrastructure revenue to grow 15 percent year-over-year. AI is also partly responsible for that growth, because as Krishna pointed out, storage is a key part of AI infrastructure and IBM is therefore selling plenty of it."
"Asked if the Big Blue cloud can achieve the same kind of growth reported by other cloud operators who serve AI workloads, Krishna pointed out that IBM partners with hyperscalers. "A thing that we haven't talked about, but it's certainly no secret, for example, we are one of CoreWeave's large clients. We also tend to use a lot of infrastructure at AWS, at Azure as well as at GCP," he said."
IBM reported Q3 2025 revenue of $16.33 billion and net income of $1.75 billion, a nine percent year-over-year increase that reversed a $330 million loss in Q3 2024. Internal "Project Bob" developer assistance tools increased coder productivity by 45 percent. IBM secured $9.5 billion in generative AI-related work. Mainframe revenue rose 59 percent year-over-year following the launch of the Z17 systems, and infrastructure revenue grew 15 percent, driven partly by AI-related storage demand. Infrastructure sales are expected to benefit more from AI demand than the public cloud, while partnerships with hyperscalers and private cloud instances support client deployments.
Read at Theregister
Unable to calculate read time
Collection
[
|
...
]