IBM also bet the farm on AI about 10 years ago and belly-flopped. Their Watson AI suite was pretty advanced and they famously beat Ken Jennings at Jeopardy, but

IBM also bet the farm on AI about 10 years ago and belly-flopped. Their Watson AI suite was pretty advanced and they famously beat Ken Jennings at Jeopardy, but they didn't get vary far making their tools practical or profitable. And now they've just been crushed by OpenAI. I wonder if the subtext to their announcement is that they're ditching their entire AI department and buying services from OpenAI instead.