Big tech has been dumping vast sums of money on building out AI capabilities, but will it pay off in the long run? One tech insider shares his doubts.

The big purchase is intended to help bolster IBM’s AI strategy. IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company’s artificial intelligence strategy.

IBM has announced on Monday, 8 December that it will acquire Confluent in a $11 billion deal, aiming to expand its footprint in Artificial Intelligence footprint, the tech giant said in a press release.

IBM proves AI impact comes from redesigning work and culture, with leaders and employees driving change, not from new tools alone.

IIT Kanpur graduate Arvind Krishna’s journey from IBM’s research labs to the top job at one of the world’s biggest tech companies highlights his deep technical expertise, strategic vision and decades-long leadership within the organisation.