Inside IBM’s main research center rises a maze of silver towers, each 22 feet tall. Through their vented flanks, you catch glimpses of blinking lights and the shadows of wires. The machine’s ...
Lawyers from Paul Weiss and Cooley LLP advised on International Business Machines Corp.'s plan to buy data-streaming platform Confluent Inc. for about $9.3 billion. The transaction is the latest AI ...
International Business Machines Corp. is buying the data-streaming platform Confluent Inc. for about $9.3 billion, marking one of its largest takeovers yet and a major bet on the kind of enterprise ...
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its data and automation products as ever more companies move their tech operations to the cloud and ...
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. The logo for IBM appears above a trading post on ...
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.
At today's costs, he told Decoder, it takes roughly $80 billion to build and fully equip a 1-gigawatt AI data center. And with nearly 100 gigawatts of hyperscale capacity already announced across the ...
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 ...
IBM's consulting business continues to face weak demand for discretionary projects. New AI bookings are growing rapidly, which will help overcome this headwind as revenue is generated. Consulting ...
Cloud unit sales growth slows to 14% in Q3 from Q2's 16% IBM shares fall ~5% in extended trading Q3 revenue and profit beat LSEG estimates AI-driven mainframe boosts infrastructure sales Oct 22 ...
International Business Machines Corp. reported disappointing revenue in two key software categories, including its closely watched Red Hat unit, sparking concerns among investors who see those ...
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