IBM has agreed to buy data infrastructure company Confluent for $11 billion in cash, marking the technology giant's largest acquisition in years as it seeks to capitalize on surging enterprise demand for artificial intelligence capabilities.
Veeam Software has announced plans to acquire Securiti AI for $1.725 billion to unite data resilience, privacy, and AI trust in a platform aimed at helping organizations securely manage and unlock the value of their data across hybrid and multi-cloud environments.
Microsoft has unveiled a number of updates bringing AI-powered experiences to teaching and learning. New features include a "Teach" AI tool for Copilot, a "Study and Learn" AI agent, and more.
A recent report out of the MIT Media Lab found that despite $30-40 billion in enterprise spending on generative AI, 95% of organizations are seeing no business return.