AI panic reels in America’s oldest tech giant

IBM, known as Big Blue, has become the latest US tech giant to be suffering from AI jitters - Stan Honda/AFP via Getty Images Deep inside the server rooms of hundreds of the world’s biggest businesses, mainframe computers built by International Business Machines (IBM) hum and whirr. IBM is ancient by US technology standards, founded more than a century ago. But its chunky computers form the backbone of banks, airlines, card payments and more. Founded in 1911, it first manufactured early “punch-card” tab ...