IBM Faces a New AI Threat — Potentially Worse Than February's Scare

In February 2026, IBM shares already came under pressure following news about competing AI solutions, but the company managed to hold its ground. Now analysts are warning of a new wave of competition threatening IBM's core business areas — enterprise software and cloud services. The rapid development of open AI models and solutions from players like Microsoft and Google is calling into question IBM's value proposition for large corporate clients. Unlike past technology transitions, the current shift is happening particularly fast and is affecting the company's most profitable segments. Investors are advised to watch IBM's AI-related revenue trends in upcoming quarterly reports.