UiPath is looking for a path to growth in agentic AI with its Peak.ai acquisition

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TechCrunch 14h ago

UiPath is looking for a path to growth in agentic AI with its Peak.ai acquisition - TechCrunch

Quick Summary:

A rush of agentic AI solutions is hitting the enterprise market, and now one of the bigger players in automation has scooped up a startup in the space in hopes of taking a bigger piece of that business.

On top of that, while it beat analyst estimates for the quarter, it cited “increasing global macro economic uncertainty” to revise down its 2026 fiscal outlook to between $1.525 billion and $1.530 billion in revenues — sending the company’s shares falling, currently 18% down in pre-market trading at the time of writing.

The two companies had already been partnering together prior to the acquisition, and the idea is that this will give UiPath more opportunities to cross-sell its wider set of solutions to Peak’s customers — as well as capture more of Peak’s overall revenue at its bottom line.