Elastic acquires DeductiveAI for $85 million (opens in new tab)

Elastic is reportedly acquiring the AI startup DeductiveAI. With this deal, Elastic gains access to technology that can automatically detect and fix software issues—a rapidly growing market segment driven by the rise of AI-generated code. According to TechCrunch, the acquisition price could reach $85 million. DeductiveAI was founded in 2023 and f...