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Databricks is buying database startup Neon for about $1 billion
- Databricks announced on May 14, 2025, that it will acquire the database startup Neon for about $1 billion.
- Databricks aims to enhance its Data Intelligence Platform by integrating Neon's serverless Postgres to support growing AI agent workloads.
- Neon's cloud-based Postgres platform, used by over 18,000 customers, sees more than 80% of its databases being provisioned through AI agents instead of manual human intervention.
- Databricks CEO Ali Ghodsi stated that Neon offers developers a serverless Postgres solution designed to support fast AI agent workloads, flexible usage-based pricing, and the collaborative strengths of the Postgres ecosystem.
- This acquisition will likely accelerate Databricks’ mission to scale AI-native agent-driven applications through enhanced database capabilities.
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Databricks Deploys Fresh Capital for Strategic Acquisitions
Databricks Deploys Fresh Capital for Strategic Acquisitions Databricks, a tech startup with one of the highest valuations in the industry, has begun utilizing its recently acquired funding to purchase other companies. This move signals a new phase of expansion for the data analytics firm as it seeks to strengthen its market position. The company, which specializes in data processing and AI solutions, has not disclosed specific acquisition target…
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