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 deploy AI technology.

The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI.

The post IBM Pursues AI Expansion With $11B Confluent Acquisition appeared first on TechRepublic.

The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI.

The post IBM Pursues AI Expansion With $11B Confluent Acquisition appeared first on TechRepublic.