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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, ...
Databricks Inc. is reportedly seeking to buy Neon Inc., a startup that sells a commercial version of the open-source PostgreSQL database. Tech publication Upstarts Media today cited sources as saying ...
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, ...
‘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 ...
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
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 ...
The importance of databases to modern enterprise AI operations cannot be overstated. Data helps to train and ground AI, and multiple research reports show that without proper data, AI efforts tend to ...
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Nvidia, Microsoft-Backed Databricks Bets Big On AI Agents With $1B Neon Takeover: Retail Turns Extremely Bullish
Nvidia-backed data and AI solutions provider Databricks has announced plans to acquire Neon, a company specializing in serverless Postgres databases. This strategic acquisition allows Databricks to ...
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