Databricks said acquiring Neon's tech would let it combine the startup's serverless relational database management system with its own data intelligence services to let its customers deploy AI ...

US-based data analytics platform Databricks has struck a deal to acquire Neon, a serverless Postgres database company. While the company did not disclose the deal value, a report by Reuters said ...

Databricks has agreed to acquire database startup Neon in a deal valued at about $1 billion, a move the company hopes will make it more attractive to businesses that want to create their own ...

Neon’s architecture makes it possible to launch new database instances in under a second. That capability lends itself well to powering AI agents, which was one of the factors behind Databricks ...

The startup’s platform can spin up new database instances in less than a second, making it purpose-built to support agentic workflows. This move “allows Databricks to strengthen its AI ...

Neon's platform helps AI agents with real-time data management Databricks aims to disrupt database market with AI Databricks' third billion-dollar acquisition in two years May 14 (Reuters ...

Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. It is the latest big deal for Databricks, which bought ...

a database available on demand. Numerous smaller vendors exist, including Timescale, EDB and NetApp Instaclustr. In fact, nearly two years ago, Databricks acquired serverless PostgreSQL vendor ...

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 ...

Databricks said acquiring Neon's tech would let it combine the startup's serverless relational database management system with its own data intelligence services to let its customers deploy AI ...