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 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, ...

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 ...

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 ...

Editor's take: Normal people are now shelling out hundreds of dollars for modest RAM upgrades, while the companies powering the AI boom are looking forward to even more market hysteria. And despite ...

IBM's CEO walked through some napkin math on data centers— and said that there's "no way" to turn a profit at current costs. "$8 trillion of CapEx means you need roughly $800 billion of profit just to ...

Partnering to the tune of an investment that will exceed $20 million, the University of Dayton (UD) and Fortune 100 information technology powerhouse IBM will work together on developing ...

IBM has released two new complex quantum processors alongside a new framework that would allow us to track the first demonstration of quantum advantage. When you purchase through links on our site, we ...

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, ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...

Layoffs at International Business Machines Corp. (NYSE: IBM) will not help it lead in artificial intelligence. IBM has a history of letting opportunities to lead pass it by, and now it is no longer ...

IBM stated earlier this week that it will conduct layoffs in the current quarter. The cuts will impact “a low single-digit percentage” of IBM’s 270,000-person global workforce. IBM is making cuts as ...