Summary: IBM is reportedly in advanced talks to acquire data-infrastructure company Confluent for approximately $11 billion. The acquisition aims to boost IBM’s cloud services and capitalize on the growing demand for data infrastructure, particularly in the context of generative artificial intelligence.

Link: https://www.channelnewsasia.com/business/ibm-nears-11-billion-confluent-deal-boost-cloud-push-wsj-reports-5567226