In sum, the data corroborate Snowflake’s assertion that its revamped go-to-market engine is landing meaningful net-new ...

Databricks has signalled its intent to acquire serverless Postgres startup Neon in a deal reported to be valued at approximately USD 1 billion. Neon is a startup that offers a modern, flexible type of ...

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 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 ...

The acquisition aims to strengthen Databricks’ position in the rapidly growing AI-driven database market, where automated AI agents increasingly manage data workloads. According to Databricks ...

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 ...

Databricks' $1 billion acquisition of Neon highlights how serverless PostgreSQL has become essential for agentic AI development.