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Abstract representation of AI and server infrastructure, symbolizing Elastic's acquisition of DeductiveAI for autonomous site reliability engineering.

Elastic acquires DeductiveAI for up to $85 million

Elastic has agreed to acquire AI site reliability engineering startup DeductiveAI for up to $85 million, a staggering 85 times its current $1 million annual recurring revenue, according to TechCrunch

David Katzman·June 19, 2026