There is an old saying: “Nobody ever got fired for buying IBM.” For decades, this phrase was more than a wry joke—it was a reflection of the near-mythic status of Big Blue in the world of business ...
IBM just acquired Confluent for $11 billion. When I was at IBM, I watched enterprises struggle with the same problem over and over again. Their data was always a step behind their decisions. This ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI. Source: IBM IBM has AI on its mind with plans to ...
Tech giant IBM (IBM) has created a new AI tool that helps software engineers by handling repetitive tasks like finding and fixing bugs or writing code. It’s called iSWE-Agent, and it recently ranked ...
IBM announced it would buy data streaming firm Confluent for $11 billion, the companies said in a statement on Monday morning, marking a major acquisition as the legacy tech company pushes to expand ...
Editor's take: Normal people are now shelling out hundreds of dollars for modest RAM upgrades, while the companies powering the AI boom are looking forward to even more market hysteria. And despite ...
IBM (IBM) is in advanced negotiations to acquire Confluent (CFLT)— a data infrastructure company, for approximately $11 billion, the WSJ reported, citing people familiar with the matter. The deal ...
As tech giants race to build data centers targeting artificial general intelligence (AGI), IBM CEO Arvind Krishna cautions that the industry is on a costly path that's difficult to recoup. Speaking on ...
IBM (IBM +0.26%) wants to be an artificial intelligence (AI) powerhouse. The tech giant is scooping up data-streaming dynamo Confluent (CFLT +0.30%) to add to its growing collection of AI-enablers.
IBM acquired Confluent for $11B in cash at a 34% premium to dominate real-time data streaming for AI applications. IBM’s AI book of business reached $9.5B in Q3 with infrastructure revenue up 17% year ...
IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...
AI companies are continuing to pour ungodly amounts of money into building out data centers, in an enormous bet that both analysts and tech leaders warn may not pay off for many years to come — if it ...