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IBM accelerates cloud drive with $11 billion Confluent deal

Digest more
Top News
Overview
 · 46m
IBM Accelerates Cloud Drive With $11 Billion Confluent Deal as AI Demand Booms
Dec 8 (Reuters) - 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. Big Blue's shares fell more than 2% in premarket trading.

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 · 6h
CFLT stock price: IBM deal to buy Confluent for $11 billion shows investors still think AI is popping
 · 3h · on MSN
AI deal alert: IBM to acquire Confluent for $11 billion. What should investors know?
 · 6h
CFLT stock price: IBM deal to buy Confluent for $11 billion shows that investors still think AI is popping
IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data streaming platform up about 29% in morning trading, and IBM’s own stock up slightly—about 1%.

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 · 8h
IBM to buy Mountain View-base Confluent for $9.3 billion to expand AI services
 · 10h
IBM Pursues AI Expansion With $11B Confluent Acquisition
5don MSN

The cloud computing market could surge by 218%: Buy this ETF that holds a big position in Alphabet

The global cloud computing market could expand by 218% from $752.4 billion in 2024 to $2.39 billion in 2030, according to a forecast by Grand View Research, as the explosive growt
DatacenterDynamics
17d

Nvidia to spend $26bn on cloud computing capacity over six years

Nvidia is set to spend $26 billion on renting servers from cloud computing providers over the next six years. As first reported by The Information, Nvidia's 10-Q filing with the SEC reveals that, as of October 26, 2025, the company had made multi-year cloud service agreements for a total value of $26bn.
InfoWorld
13d

Where AI meets cloud-native computing

Developers need to master cloud-native strategies, such as microservices, containers, and orchestration, to unlock AI’s full business potential.
6d

Preparing For The Next Wave Of Cloud Value And Innovation

Businesses must be ready for the next phase of cloud by seeking out the providers that can evolve alongside industry shifts.
6don MSN

Why This AI Cloud Stock Could Be the Market's Biggest Sleeper

Alibaba is a big company, with a market capitalization of $375 billion, but it's not nearly as big as Amazon, Microsoft, and Alphabet, all of which have market caps better than $2.5 trillion. And because it operates in China, it tends to fall under the radar of some U.S. investors.
JD Supra
9y

Guidelines for Cloud Computing

Percentage of companies that view data security as a concern in moving services to the cloud. To minimize data security risks companies should evaluate the following as they consider cloud computing: 1. See, Steve Norton, Dropbox Confronts Cloud Security ...
Nature
7y

Cloud computing for genomic data analysis and collaboration

Cloud computing is a paradigm whereby computational resources such as computers, storage and bandwidth can be rented on a pay-for-what-you-use basis. The cloud's chief advantages are elasticity and convenience. Elasticity refers to the ability to rent and ...
The Motley Fool
2mon

7 Cloud Computing ETFs to Buy for 2025

Investors focus on semiconductor and cloud computing ETFs for broader tech industry exposure. Cloud computing is pivotal to business; ETFs offer diversified investment in cloud tech growth. The global cloud market is projected to grow at a 20.4% CAGR ...
Daily Business
17h

More contracts wins for Beeks Financial Cloud

Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, has announced two further notable contract wins.
ZDNet
14y

Cloud computing to boom in 2011

Spending on cloud to grow five times faster than global IT spend... Cloud computing will be one of the fastest growing IT markets in 2011, according to analysts. A report by research company IDC predicts that while global IT spend will increase by six per ...
snhu
6mon

What is Cloud Computing?

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, geographic location, worker skill and economic conditions.
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