US software firm Freshworks eyes acquisitions with $800 million cash pile, AI in focus

Core Insights - Freshworks, a U.S. software company, is actively exploring acquisitions, particularly in the AI sector, supported by over $800 million in cash to enhance revenue growth in the upcoming years [1] Group 1 - Freshworks is focusing on acquiring AI firms as part of its strategy to increase revenue [1] - The company has a substantial cash reserve of more than $800 million to facilitate these acquisitions [1] - CEO Dennis Woodside emphasized the importance of these acquisitions for the company's future growth [1]