IBM CEO Krishna says Iran, other uncertainty is weighing on company's outlook

IBM CEO Arvind Krishna stated that geopolitical uncertainty, particularly the Iran conflict, is causing the company to provide cautious financial guidance despite beating first-quarter earnings expectations. He also expressed concerns about potential economic slowdowns affecting consumer spending and European growth, though he noted IBM's Middle East business performed well. Additionally, Krishna discussed how new AI models like Anthropic's Mythos, which can find security vulnerabilities at unprecedented speed, will likely be replicated by competitors and pose significant cybersecurity concerns that have caught the attention of U.S. government officials.