IBM CEO says there is 'no way' spending trillions on AI data centers will pay off at today's infrastructure costs IBM CEO Arvind Krishna was skeptical of the "belief" that data center spending could be profitable. Riccardo Savi/Getty Images for Concordia Annual Summit 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 ...