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Atlassian to acquire developer productivity platform DX for $1 billion

(Reuters) - Atlassian said on Thursday it has agreed to acquire developer intelligence platform DX for about 1billionincashandrestrictedstock,aimingtoimprovecustomerexperiencebyprovidinginsightsintoAIinvestments.EnterpriseshaverampedupfundinginAIcapabilitiesastheycompetetoleveragethetechnologyforinnovation,operationalefficiency,andcompetitiveadvantage.Inamoveunderscoringthistrend,Atlassianearlierthismonthannounceda1 billion in cash and restricted stock, aiming to improve customer experience by providing insights into AI investments. Enterprises have ramped up funding in AI capabilities as they compete to leverage the technology for innovation, operational efficiency, and competitive advantage. In a move underscoring this trend, Atlassian earlier this month announced a 610 million deal to acquire The Brows ...