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Tag: AI startup acquisition

Elastic Acquires AI Startup DeductiveAI for Up to $85 Million, Strengthening Autonomous Incident Resolution Capabilities

Elastic Acquires AI Startup DeductiveAI for Up to $8...

Admin

Jun 19, 2026

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Elastic has agreed to acquire AI-powered site reliability engineering (SRE) s...

SpaceX Buys AI Coding Startup Cursor for $60 Billion, Making Founder Michael Truell a Billionaire

SpaceX Buys AI Coding Startup Cursor for $60 Billion...

Admin

Jun 19, 2026

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Michael Truell, the 25-year-old co-founder and CEO of AI coding platform Curs...

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