GenAI would ‘ ve built over a bn apps by 2028: IBM CEO Arvind Krishna

IBM Chief executive officer (CEO) Arvind Krishna on Tuesday said that over a billion new applications would be built using generative artificial intelligence (GenAI) by 2028.

“As GenAI makes its way in (enterprise ecosystem), we are discovering — based on a CEO study IBM did — that our clients are expecting to double or even increase the investments on AI and beyond that,” said Krishna. He was addressing the media virtually before the company’s flagship event IBM THINK.