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I know. But: they have gobs of money, they still have some talent, they still have a hardware department that I'm pretty sure would jump at a chance to give NV a run for their money. This would require a massive long term investment and a commitment that I'm not sure they would have the stomach for.
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"they have gobs of money, "

They do? They are a spec in the ocean relative to big players offering inference and training their own models. Pretty sure one thing they are struggling with is the money to compete successfully in the ai game this time around.

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10 billion give or take, market cap 250 billion, 250K employees. That's not a 'spec in the ocean' by normal standards, and IBM is a mature company, not an inflated balloon.
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