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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In an expansion move in the AI sector, Datadog (DDOG) announced an agreement to acquire AI startup Adaptive ML, which specializes in machine learning models. The company did not disclose the financial terms of the deal, according to media reports. The acquisition aims to strengthen Datadog's AI capabilities and expand its product portfolio.
This move comes amid increasing M&A activity in the performance monitoring and AI space, as major companies seek to enhance their competitive edge. Datadog has previously acquired AI startups in recent years to bolster its analytics platform. Market data also showed growing investor interest in cloud monitoring stocks.
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Sign InAt the close of June 29, 2026, Datadog shares stood at $248.57, with a daily trading range between $240.13 and $252.25. Investors await further details on the deal and its potential impact on the company's financial results in upcoming quarters. Markets will also focus on any updates to Datadog's M&A strategy amid intensifying competition in the AI sector.