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IBM CEO Skeptical on Data Center Profits, AGI Future

12/3/2025

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Story summary
  • Arvind Krishna, IBM CEO, expressed skepticism about data center profitability, noting building 100 gigawatts could cost about $8 trillion with no guaranteed returns.
  • He disagreed with OpenAI CEO Sam Altman's belief that these investments yield returns and said current technologies may not lead to Artificial General Intelligence (AGI), with 0-1% odds without breakthroughs.
  • Despite doubts about AGI, Krishna acknowledged that existing AI tools can boost enterprise productivity.