New Delhi, March 22 -- IBM's second-largest acquisition ever, the $11 billion buyout of data streaming company Confluent, is expected to strengthen its artificial intelligence (AI) and hybrid cloud capabilities.
By using Confluent's real-time data streaming technology to feed AI models, the company is betting on faster, more reliable data pipelines. But can this help reassert the Big Blue's AI play? Mint explains
On 17 March, global tech major IBM closed the buyout of Confluent, a US-based data streaming company. At $11 billion, this is IBM's second-largest acquisition in recent years, after the Red Hat buyout in 2019 for $34 billion. The deal is expected to help IBM boost Agentic AI capabilities.
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