IBM is close to finalizing a deal to buy Confluent, a company that provides technology for managing real-time data streams used in large artificial intelligence models, reported The Wall Street ...

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IBM said Monday it's buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company's artificial intelligence strategy. The two companies said they ...

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IBM (IBM +0.26%) wants to be an artificial intelligence (AI) powerhouse. The tech giant is scooping up data-streaming dynamo Confluent (CFLT +0.30%) to add to its growing collection of AI-enablers.

IBM (IBM) revealed today it plans to acquire Confluent (CFLT), a pioneer in data streaming, for about $11B, prompting Confluent shares to surge more than 25% during early Monday trading. Confluent ...