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Elastic reportedly acquires site reliability engineering startup Deductive AI

Summary

Elastic NV has reportedly acquired Deductive AI Inc., a startup with a platform that helps enterprises fix errors in their technology infrastructure. TechCrunch on Thursday cited a source as saying that the deal is worth up to $85 million. That's reportedly more than double the valuation Deductive r

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Signals increasing investor interest and capital allocation in AI startups.

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