IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...
IBM announced its multi-billion-dollar buyout of streaming Confluent as stock shares spiked nearly 30% and IBM at about 1$ after it was revealed.
IBM's $11B Confluent acquisition completes its hybrid cloud stack, with Kafka streaming joining Red Hat and HashiCorp for ...
IBM CEO Arvind Krishna walked through some napkin math on Big Tech's AI data center spending — and raised some doubts on if ...
IBM advances AI strategy with $11B Confluent acquisition, boosting real-time data processing and hybrid cloud capabilities.
IBM's move to acquire Confluent (NASDAQ:CFLT) for $9.3 billion could be the kind of strategic swing that reshapes its long-term AI ambiti ...
The acquisition will create public and private cloud integrations to help drive generative and agentic AI adoption, IBM CEO ...
IBM CEO Arvind Krishna and Fitch Ratings are separately questioning the wisdom of trillions of dollars in planned data center spending by the world’s largest tech companies, adding a pair of credible ...
IBM chief executive Arvind Krishna questions whether the current pace and scale of AI data center expansion can ever remain financially sustainable under existing assumptions. He estimates that ...
Data center investment could hit nearly $1.6 trillion by 2030 under forecasts by research firm Omdia, with demand for AI ...
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