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 ...

International Business Machines Corporation (NYSE:IBM) is one of the Hot AI Stocks on Wall Street’s Radar. On December 9, Stifel analyst David Grossman raised the firm’s price target on the stock to ...

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 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 ...

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 ...

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 has used acquisitions to expand its artificial intelligence capabilities and offerings. Buying Cognitus will enhance its SAP solutions and its AI offerings for highly regulated industries.

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 ...