IBM CEO Arvind Krishna says rationing AI is a losing strategy

IBM CEO Arvind Krishna said rationing AI is a losing strategy as the industry's cost center shifts from training models to running inference, a transition that reshapes enterprise AI budgets and investor expectations. The remark signals that restricting access to AI capacity to control spending risks ceding competitive advantage, with cost management framed as the strategic lever instead. The shift toward inference-heavy workloads matters because it changes how companies forecast AI spending and how investors value the returns on those outlays. What to watch next is how enterprises structure inference costs and whether vendors adjust pricing and capacity to keep AI deployment expanding rather than throttled.