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Snowflake and Databricks bank PostgreSQL acquisitions to bring transactions onto their platforms
In the past few weeks, both Snowflake and Databricks dipped into their respective acquisition funds and found the resources to buy specialist providers of PostgreSQL database systems.… In May, ...
‘The era of AI-native, agent-driven applications is reshaping what a database must do. Neon proves it: Four out of every five databases on their platform are spun up by code, not humans,’ says ...
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Databricks to Acquire Neon in USD 1 Billion Deal to Power AI Agent Workflows with Serverless Postgres
Data and AI company Databricks has announced its intent to acquire Neon, a cloud-based serverless Postgres platform, in a deal reportedly worth around USD 1 billion. The move is expected to strengthen ...
Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...
AI agents are becoming increasingly integral components for modern developers, and Neon is purpose-built to support their agentic workflows. Recent internal telemetry showed that over 80 percent of ...
Analysts say that the chess match between Snowflake and Databricks isn’t about big data analytics anymore, but about becoming the 'AI-native data foundation unifying analytics, operational storage, ...
Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...
SAN FRANCISCO, May 14, 2025 /CNW/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database market ...
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