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Deductiveai

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Abstract representation of artificial intelligence and neural networks merging with technology, symbolizing innovation and growth in the tech industry.

Elastic buys DeductiveAI for up to $85 million to boost AI capabilities

Elastic is reportedly paying up to $85 million for DeductiveAI, a startup generating just $1 million in annual recurring revenue.

Mateo Rossi·June 19, 2026