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Starbucks Stock Rises Amid In-House Software Push - Starbucks (NASDAQ:SBUX)
Starbucks Corp (NASDAQ:SBUX) is climbing Thursday after reports revealed the coffee giant is building its own AI-assisted software tools that could replace applications it currently buys from outside vendors including Microsoft Corp (NASDAQ:MSFT) and IBM.
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fortune.com
Starbucks taps AI to cut reliance on Microsoft, IBM software | Fortune
“There’s clear opportunities to reduce the spend in software,” said Starbucks Chief Technology Officer Anand Varadarajan.
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benzinga.com
IBM Stock Drops After Report That Starbucks Is Using AI to Cut Its $400 Million Software Bill - IBM (NYSE
International Business Machines shares are trading lower after reports that Starbucks is developing tools to reduce reliance on IBM software.
