Watch IBM CEO Krishna on Confluent Deal, AI, Hiring
6 Articles
6 Articles
Watch IBM CEO Krishna on Confluent Deal, AI, Hiring
IBM CEO Arvind Krishna discusses the company's completion of its $11 billion acquisition of Confluent. Speaking with Caroline Hyde on "Bloomberg Open Interest," Krishna also says AI is a tailwind for the company and hasn't resulted in a net decrease in workers.
IBM Completes Confluent Acquisition, Ushering in Real-Time AI Data Era
In a move poised to ripple across the tech landscape, IBM completes Confluent acquisition, locking in a deal that could redefine how businesses harness real-time data for artificial intelligence. IBM confirmed it has finalized its purchase of Confluent, Inc., a platform trusted by more than 6,500 enterprises—including 40% of the Fortune 500—to power live, data-driven operations. Like merging two powerful currents into a single force, the deal ai…
IBM Closes $11 Billion Confluent Deal as Arvind Krishna Says AI Push Could Spur Hiring
IBM closed its $11 billion acquisition of Confluent on Tuesday, integrating the data-streaming firm into its AI and hybrid-cloud offerings. Confluent's Class A shares will be suspended March 18. IBM said the deal, funded with cash, should boost adjusted earnings in the first year. IBM shares rose 1.2% in late-morning trading. The post IBM Closes $11 Billion Confluent Deal as Arvind Krishna Says AI Push Could Spur Hiring appeared first on TechSto…
IBM finalizes Confluent acquisition, transforming AI with real-time data.
IBM has recently completed its acquisition of Confluent, Inc., a data streaming platform that is utilized by over 6,500 enterprises, including 40% of the Fortune 500 companies. This acquisition aims to provide a smart data platform that enables AI models, agents, and automated workflows to access real-time, trusted data across on-premises and hybrid cloud environments […]
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