ELAM: Markets inch higher

IBM’s CEO walked through some napkin math on data centers — and said that there’s “no way” to turn a profit at current costs. “$8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest,” Arvind Krishna told “Decoder.” Krishna was skeptical that current tech would reach AGI, putting the likelihood between 0-1%. — Yahoo Finance This Week Different eras have ...