IBM To Buy Confluent For $11 Billion To Expand AI Services

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IBM is buying Confluent for $11 billion in a major push to own real-time data streaming infrastructure essential for enterprise AI workloads. It marks Big Blue’s biggest acquisition since Red Hat in 2019. Bloomberg reports: The AI boom has touched off billions of dollars in deals for businesses that build, train or leverage the technology, propelling the value of an entire ecosystem of data center developers, software makers, generative AI tool developers and data…



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IBM To Buy Confluent For $11 Billion To Expand AI Services


IBM is buying Confluent for $11 billion in a major push to own real-time data streaming infrastructure essential for enterprise AI workloads. It marks Big Blue’s biggest acquisition since Red Hat in 2019. Bloomberg reports: The AI boom has touched off billions of dollars in deals for businesses that build, train or leverage the technology, propelling the value of an entire ecosystem of data center developers, software makers, generative AI tool developers and data…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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