Market Chatter: Starbucks Developing AI Tools to Replace Some Microsoft, IBM Applications
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Starbucks is developing artificial intelligence tools to replace some applications from microsoft and ibm. This move is reportedly part of an effort to reduce reliance on vendor software and may impact the stocks of the affected companies. The development is also seen as part of a broader shift by starbucks to build in-house software, potentially threatening existing contracts with microsoft and ibm.
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