Category Funding

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.

NEA partner Tiffany Luck says AI ROI is now the key question as enterprises tighten spending, mix models and chase practical value.

SpaceX board adds Roelof Botha after its record IPO, bringing Sequoia experience and audit expertise to Elon Musk’s company.

Pramaana Labs raised $27M to use formal verification and LLMs to make AI more reliable for tax, legal, drug discovery and cybersecurity.

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

Pinterest launches Ask Pinterest, an experimental AI shopping app, alongside new AI tools for advertisers and marketers.

NewCore raised $66M to secure AI agents identity, giving enterprises new tools to authenticate, govern and revoke digital workers.

AI layoffs are soaring as tech profits rise, fueling skepticism that automation is a cover story for overhiring and cost-cutting.

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

Probably raised $9M to build AI reliability tools that prevent hallucinations with deterministic validators and smaller models.