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 ...

The IT tech company plans to use Confluent’s data stream platform to drive AI deployment and governance and analysis for ...

IBM CEO Arvind Krishna attributes current tech layoffs to pandemic-era over-hiring, not AI. He predicts AI may displace up to 10% of US jobs in coming years but believes increased productivity will ...

International Business Machines Corporation (IBM) is buying data-streaming platform Confluent in a bid to bolster its AI offerings. The deal, worth $11 billion (€9.44bn) in total, will see IBM pay $31 ...

IBM is close to finalizing a deal to buy Confluent, a company that provides technology for managing real-time data streams used in large artificial intelligence models, reported The Wall Street ...

International Business Machines is turning to a big-money acquisition as it looks to maintain an artificial-intelligence advantage. The technology giant announced on Monday that it planned to purchase ...

IBM has announced on Monday, 8 December that it will acquire Confluent in a $11 billion deal, aiming to expand its footprint in Artificial Intelligence footprint, the tech giant said in a press ...

IBM has agreed to acquire cloud-native enterprise data streaming platform Confluent in a move designed to expand its portfolio of tools for building AI applications The company said Monday in a ...

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 ...

Forbes contributors publish independent expert analyses and insights. Paul-Smith Goodson is an analyst covering quantum computing and AI. IBM’s 300mm quantum processor wafer features multiple chips ...

IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading. By midday trading, at the time of this writing, ...

Dec 8 (Reuters) - IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand ...