Why IBM's $11 Billion Confluent Deal Could Supercharge Its Unique AI Strategy

While $11 billion is a lot of money to spend, IBM is betting that acquiring Confluent and its popular data streaming platform ...

IBM Pursues AI Expansion With $11B Confluent Acquisition

The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for ...
SDxCentral

IBM ingests Confluent in $11B smart data streaming play

The proposed deal will see IBM acquire Confluent for $31 per share, which is a 30% premium over Confluent’s stock price prior ...
CRN

IBM To Acquire Real-Time Data Leader Confluent In Blockbuster $11B Deal

IBM has struck a definitive agreement to buy real-time data streaming platform developer Confluent in a deal valued at $11 billion, the companies said Monday. IBM said that with Confluent’s technology ...

IBM will acquire Confluent to address growing needs for real-time data in AI models

Confluent sells an enterprise version of the open-source Kafka data streaming platform, which it said is used by 80% of the ...
Morningstar

Confluent Launches Confluent Intelligence to Solve the AI Context Gap

Confluent, Inc. (Nasdaq:CFLT), the data streaming pioneer, today announced Confluent Intelligence, the fastest path to building and powering context-rich, real-time artificial intelligence (AI). Built ...
Diginomica

From data streaming to AI context - how Confluent is re-defining its role in the generative AI era

Confluent is positioning itself as the "context layer for enterprise AI" with new capabilities that aim to solve the problem plaguing generative AI investments—lack of fresh, trustworthy data—by ...
Benzinga.com

Confluent Analysts Boost Their Forecasts After Upbeat Earnings

Confluent Inc (NASDAQ:CFLT) reported better-than-expected earnings for the third quarter on Monday. The company posted quarterly earnings of 13 cents per share which beat the analyst consensus ...
SiliconANGLE

Data streaming provider Confluent reportedly exploring a sale

Shares of Confluent Inc. closed 7.5% higher today following a report that it’s exploring a sale. Three sources told Reuters that the company, which commercializes Apache Kafka, has drawn takeover ...
Reuters

Exclusive: Data streaming software maker Confluent explores sale, sources say

Confluent shares rally 11.4% Firm working with bankers after attracting interest from private equity and tech firms, sources say Interest fueled by corporate race for AI and firm's pressured valuation ...
Benzinga.com

Why Is Confluent Stock Surging?

Shares of Confluent, Inc. (NASDAQ:CFLT) are rising Wednesday following reports that the California-based data streaming company is considering a sale. What To Know: Reuters reported that Confluent is ...
Insider Monkey

Confluent (CFLT) Strengthens Growth Strategy with Leadership Change and AI-Driven Data Focus

Confluent Inc. (NASDAQ:CFLT) is one of the best low-priced technology stocks to buy right now. Confluent Inc. (NASDAQ:CFLT) is reinforcing its leadership bench and strategic focus at a critical stage ...