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IBM’s Krishna Says Tech Industry Will Weather Recession Fears

  • Comments come after others in industry have been pessimistic
  • CEO Krishna says he is open to deals for AI, hybrid cloud
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WATCH: IBM CEO Arvind Krishna said he expects business technology spending will remain robust even as recession fears escalate.Source: Bloomberg

International Business Machines Corp. Chief Executive Officer Arvind Krishna said he expects business technology spending will remain robust even as recession fears escalate.

“I see technology spending as remaining above GDP growth,” Krishna said Wednesday in an interview with Bloomberg Television. “Including in Europe.”