"I think the regulatory environment is definitely friendlier, where we got this done in just under four months. It used to take a lot longer a few years back."
"Our announced acquisition of Confluent is another pillar in this strategy, helping unify our hybrid cloud and automation solutions through a smart data platform."
"This collaboration allows enterprises to deploy AI-accelerated applications across any environment, from the data center to the public cloud, using a unified automated infrastructure."
IBM's CEO Arvind Krishna noted a significant change in the regulatory environment, allowing the company to complete its $11 billion acquisition of Confluent in under four months. This acquisition is intended to enhance IBM's hybrid cloud and automation solutions through a smart data platform. Krishna also announced a collaboration with NVIDIA to improve enterprise AI capabilities, achieving a fivefold speed increase in data processing. This partnership aims to facilitate AI-accelerated applications across various environments, enhancing deployment efficiency.
Read at 24/7 Wall St.
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