IBM to buy Confluent in US$11bn deal

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As AI demand booms.

IBM to buy Confluent in US$11bn deal
IBM will buy data infrastructure company Confluent in a deal valued at US$11 billion ($16.6 billion), ramping up its cloud-computing offerings to capitalise on an AI-driven demand boom.  Big Blue, under CEO Arvind Krishna, has doubled down on M&A to beef up its cloud and software ...

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