SAN FRANCISCO, June 11, 2025 /PRNewswire/ -- Data + AI Summit-- Databricks, the Data and AI company, today announced the launch of Lakebase, a first-of-its-kind fully-managed Postgres database built ...
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, ...
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‘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 ...
PALO ALTO, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Applications in the AI era depend on real-time data, but data ingestion and integration from legacy architectures often hold them back. Traditional ...
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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, ...
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