🔥 Elastic buys AI startup DeductiveAI Elastic has agreed to buy DeductiveAI for up to $85M, expanding its AI capabilities. DeductiveAI's technology will enhance Elastic's search and analytics platform. This acquisition highlights the growing importance of AI in the tech industry. 💡 Why it matters for UK: This deal demonstrates the increasing value of AI startups in the UK and globally. 💬 How will this acquisition impact the UK's AI landscape and startup ecosystem? 🌐 www.aitechcodex.uk — daily AI & tech news