February 17, 2026

tripling

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3 years after CEO Arvind Krishna said IBM will pause hiring, replace 7,800 jobs with AI; HR head says: We are tripling our hiring for…

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IBM is set to triple entry-level hiring in 2026, a significant shift from its 2023 stance on AI replacing jobs. These roles are being redefined, with junior developers focusing more on customer interaction and less on routine coding. This move aims to prevent future talent shortages and acknowledges AI’s role in reshaping, not eliminating, work….

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AI shift: SoftBank sells Nvidia stake for $5.8 billion; focuses on OpenAI after tripling first-half profit

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Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong…

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