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AI Infrastructure's Real Exit Ramp Is M&A, Not IPOs
Three separate deals in the past week -- Nscale buying Anyscale, Okta buying Permiso, and IonQ closing on SkyWater -- show strategic acquisitions, not public listings, are becoming AI infrastructure's dominant exit path this cycle.
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Okta Buys AI Identity Security Startup Permiso for ~$200M
FUNDING~$200M acquisition
Okta Buys AI Identity Security Startup Permiso for ~$200M
Okta agreed to acquire AI identity security startup Permiso for roughly $200 million in an almost all-cash deal, aiming to extend threat detection to autonomous AI agents and other non-human identities.