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Tech Stocks Sink After Starbucks Pivots to in-House AI to Replace Microsoft, IBM Tools

The coffee chain aims to cut $10 million in software spending as it builds alternatives to inventory, maintenance and point-of-sale systems, an internal presentation said.

Summary by Hindustan Times
Starbucks is building AI software to replace Microsoft and IBM tools, raising concerns over software demand as IBM, Salesforce and ServiceNow shares fell. 

8 Articles

Lean Right

A leading chip plant manufacturer believes that the boom at AI will continue in the next few years. Starbucks wants to become independent from Microsoft and other software – and uses AI for this.

·Düsseldorf, Germany
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Bias Distribution

  • 43% of the sources are Center
43% Center

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Seeking Alpha broke the news in United States on Thursday, July 9, 2026.
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