Category Compute

Elastic Moves to Buy AI Bug-Fixing Startup DeductiveAI in Deal Valued at Up to $85 Million

Elastic is set to buy DeductiveAI in an AI SRE acquisition worth up to $85 million, signaling consolidation in observability software.

Anthropic joins Frontier’s carbon removal coalition as the AI sector faces growing scrutiny over energy use and climate commitments.

Snap’s AR glasses debut sparked a selloff as investors weighed the $2,200 price tag and the company’s long-term hardware bet.

CPP Investments commits up to $741 million to CtrlS, betting on India’s AI-driven data center boom and growing digital infrastructure demand.

Robot training data is scarce. XDOF is raising $70 million to build the infrastructure frontier AI labs need for physical AI.

AI unicorn Sarvam raised $234M at a $1.5B valuation, led by HCLTech, as India pushes for sovereign AI and homegrown models.

Stanford graduates booed Sundar Pichai in a Google protest over Project Nimbus, ICE ties and growing anger at AI power.

SpaceX agrees to buy AI coding startup Cursor for $60B in stock, expanding Musk’s AI push days after the company’s blockbuster IPO.

SpaceX valuation tops $2.7T after a stock rally and Cursor acquisition, passing Amazon in a market driven by AI and infrastructure bets.

The Justice Department backs xAI in a fight over turbines in Memphis, framing the case as a national security issue tied to AI power.