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 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 ...
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 is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...
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 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, ...
Daniel is a News Writer from the United Kingdom. Relatively new to the industry with almost three years of experience, he has focused on establishing himself in the gaming space. While he focuses on ...
At today's costs, he told Decoder, it takes roughly $80 billion to build and fully equip a 1-gigawatt AI data center. And with nearly 100 gigawatts of hyperscale capacity already announced across the ...
Physicist Jay Gambetta, at IBM’s lab in Yorktown Heights, New York, explains how microwaves orchestrate a solution on a quantum chip: “Think of each qubit as a line in music. You’re creating notes.” ...
While crowds flock to Koh Samui with its five-star resorts and thong-thronged beaches, Koh Lan, within two hours of Bangkok, offers an alternative. While crowds flock to Koh Samui with its five-star ...
IBM has introduced two different quantum chips that it believes could help demonstrate "quantum advantage," or the ability for a quantum computer to solve a problem faster than a classical computer, ...
At the center of IBM’s announcement is the IBM Quantum Nighthawk, a next-generation 120-qubit processor featuring 218 tunable couplers—20% more than its predecessor, the IBM Quantum Heron. The ...
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