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IBM Shares Plunge: AI Fears Wipe Out $31 Billion in Hours

by Michael Brown - Business Editor
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IBM Shares Plummet Following Anthropic Concerns

Shares of IBM experienced a significant downturn on Tuesday, February 24, 2026, falling as much as 13% amid investor concerns surrounding the company’s relationship with artificial intelligence firm Anthropic. The decline marks IBM’s worst single-day performance since 2000, wiping out approximately $31 billion in market value.

The sell-off was triggered by developments related to Anthropic, though specific details remain limited. Reports indicate that anxieties over the potential impact of AI technology on IBM’s business are driving the negative market reaction. This downturn underscores the growing sensitivity of investors to risks associated with the rapidly evolving AI landscape.

The stock decline follows reports from multiple news outlets, including اليوم السابع, المتداول العربي, and الخليج.

The decline in IBM’s share price also comes amid broader concerns about the impact of AI on the cybersecurity sector, as reported by اليوم السابع. Investors are increasingly evaluating the potential for AI to disrupt established security technologies.

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