AI M&A wave and strategic consolidation

Crunchbase counted 195 AI acquisitions through September 29. Oura announced a planned $625M acquisition of Counsel Health; OpenAI’s Odessia acquisition left the product shut down, while Pierre Computer was also announced as an acquisition with terms undisclosed. AstraZeneca’s acquisition of Omniose and Inveniam’s acquisition of seed-funded Docugami add strategic-buyer exits; Canadian disclosed proceeds remain concentrated.