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 offers an open-source enterprise data streaming platform that connects,

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

IBM has cracked open its wallet again, agreeing to shell out $11 billion for Confluent in a bid to glue together the data sprawl underpinning the next wave of enterprise AI.

IBM CEO Arvind Krishna used an appearance on The Verge’s Decoder podcast to question whether the capital spending now underway in pursuit of AGI can ever pay for itself.

Amid Big Tech's surging data center spending, IBM CEO Arvind Krishna and Fitch Ratings are both warning of the risks if these investments don't yield returns.

As tech giants race to build data centers targeting artificial general intelligence (AGI), IBM CEO Arvind Krishna cautions that the industry is on a costly path that's difficult to recoup.

The CEO of one-time tech giant IBM has says that he doubts that data center mega-projects will prove profitable. Speaking on the Decoder podcast, Arvind Krishna admitted that he was using napkin math and that "anything in the future is speculative."

Arvind Krishna, who has been at the helm of the legacy tech company since 2020, said even a simple calculation reveals there is “no way” tech companies’ massive data center investments make sense. This is in part because data centers require huge amounts of energy and investment, Krishna said on the Decoder podcast.

Shares of International Business Machines (NYSE: IBM) are up roughly 40% in 2025, yet retail traders on Reddit and X remain unconvinced. Current social sentiment sits at 48 out of 100, neutral territory,

IBM CEO Arvind Krishna argues that AI is not going through a financial bubble, despite many analysts, banks, and investors claiming otherwise. Krishna, who has led

New Jersey now has more than 80 data centers, many clustered near Manhattan. Critics worry about their potential to hike electric bills for residents.

IBM said on Monday it will buy data infrastructure company Confluent in a deal valued at $11 billion, ramping up its cloud-computing offerings to capitalize on an AI-driven demand boom.