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 doubles down on AI infrastructure with its biggest software bet in recent years. IBM on Monday announced it will acquire data streaming platform Confluent in an all-cash deal valued at $11 billion ...

Dec 7 : IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue's ability to ...

IBM agreed to pay $31 a share for Confluent. The Wall Street Journal reported Sunday evening that IBM and Confluent were in advanced deal talks.

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 ...

IBM CEO Arvind Krishna acknowledged that AI will eventually displace some jobs, but stressed that most companies cutting staff today are doing so because they expanded too rapidly between 2020 and ...

We recently published 11 Stocks Jim Cramer Shared His Insights On. International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer discussed. International Business Machines ...

SAN FRANCISCO, Nov 20 (Reuters) - IBM (IBM.N), opens new tab and Cisco Systems (CSCO.O), opens new tab on Thursday said they plan to link quantum computers over long distances, with the goal of ...

IBM disclosed details on its Nighthawk and Loon quantum processors. The company expects quantum advantage next year and fault-tolerance by 2029. IBM also demonstrated ...

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 ...

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 ...

The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software. By Steve Lohr IBM said on Tuesday that it planned to cut thousands of ...