IBM in Talks to Buy Confluent for $11 Bn in Cloud, AI Push: Report

Mphasis has appointed Punit Sood as an independent director, a move that reflects the company's commitment to strengthening its governance and strategic oversight. Sood brings extensive experience, currently serving on the boards of ICICI Bank and NPCI, which positions him well to contribute to Mphasis's growth trajectory.

IBM has acquired Confluent, a data-streaming platform, for approximately $11 billion, significantly enhancing its capabilities in artificial intelligence and real-time data processing. This acquisition positions IBM to capture over 50% of the event broker market, marking a strategic move in the competitive landscape of AI technology.

R Systems has chosen Mangaluru as the location to build its agentic ecosystem, reflecting a strategic decision to leverage the region's growing technological landscape and talent pool. This initiative aims to enhance the company's capabilities in artificial intelligence and data management.

Virtusa has acquired SmartSoC Solutions, enhancing its cloud services with semiconductor chip design capabilities. This strategic move positions Virtusa at the forefront of artificial intelligence and chip design, responding to the increasing demand for advanced silicon chips in various industries.

The consulting industry is undergoing a transformation as artificial intelligence (AI) shifts the role of consultants from traditional deck-makers to strategic decision partners, enhancing their ability to provide insights and recommendations. This evolution reflects a growing reliance on AI technologies to streamline processes and improve decision-making efficiency.

Neuralix AI is emerging as a key player in India's artificial intelligence landscape, focusing on developing advanced homegrown technology to enhance applied intelligence solutions. This startup aims to address the growing demand for efficient AI applications in various sectors, contributing to the country's digital transformation.

Google has launched its AI Plus subscription service in India, priced at ₹399 per month, as part of its ongoing efforts to enhance user engagement with its AI technologies. This initiative aligns with the company's strategy to expand its AI offerings and reach a broader audience in the Indian market.

OpenAI has launched its first certification courses in collaboration with Coursera, ETS, and Credly, aimed at enhancing AI skills among learners. This initiative marks a significant step in OpenAI's commitment to education and workforce development in the rapidly evolving field of artificial intelligence.