Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M
DeductiveAI, a startup that uses AI to catch and resolve bugs in software, was founded just three years ago.
Get smart on it
Elastic, an enterprise software company, is acquiring Deductive AI, a startup that uses artificial intelligence to identify and fix software bugs, for up to $85 million. Deductive AI operates in the growing field of AI site reliability engineering, which uses AI to automate debugging work so that human engineers can focus on product development rather than constantly fixing problems. The acquisition reflects a trend where established tech companies are buying AI-native startups to integrate their technology into existing products, and Elastic plans to add Deductive's capabilities to its observability platform to help customers automatically monitor and resolve system failures in real time.
Related news
Oracle’s 21,000 layoffs help drive its debt-fueled AI investments
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company. "[T]he adoption and deployment of AI technologies across
Fika Jobs raises $4M to build a video-first hiring platform where AI agents interview candidates
Stockholm-based startup Fika Jobs is building a video-first hiring platform that combines AI interview agents with short-form video profiles, creating something that feels like a cross between LinkedIn and TikTok.
