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Fortune

Sharon Goldman

IBM's CEO touted DeepSeek AI as a validation of his strategy in a post-earnings victory lap as shares surge 12%

IBM Arvind Krishna DeepSeek Big Blue Meta

(Credit: Stefan Wermuth/Bloomberg via Getty Images)

IBM CEO Arvind Krishna, bolstered by better-than-expected quarterly earnings results and a surging stock price, took a victory lap on Wednesday in which he touted China's DeepSeek AI model as a timely validation of IBM's strategy and a harbinger of future success.

“Following IBM’s earnings announcement earlier today, I had a lot of conversation and without fail, DeepSeek came up. It’s clear this moment is resonating across the industry,” Krishna wrote on LinkedIn Wednesday, hours after the company's Q4 earnings report.

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