IBM Nears $11 Billion Confluent Acquisition for AI Data Infrastructure

• IBM is reportedly in advanced talks to acquire data infrastructure firm Confluent.
• The potential deal is valued at approximately $11 billion.
• Confluent specializes in managing data crucial for AI development.
• Confluent's shares surged 20% following the report.
• This acquisition would follow IBM's $6.4 billion purchase of HashiCorp, highlighting increased dealmaking in computing infrastructure for AI.

Why It Matters: IBM's potential $11B Confluent acquisition impacts AI data infrastructure.