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 ...

IBM (IBM 1.68%) wants to be an artificial intelligence (AI) powerhouse. The tech giant is scooping up data-streaming dynamo Confluent (CFLT 0.37%) to add to its growing collection of AI-enablers.

With AI applications and agents increasing the demand for trusted real-time data, IBM plans to combine the Confluent platform with its AI infrastructure software and automation systems. IBM has struck ...

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