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

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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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