Databricks Acquires Neon in Landmark $1B Deal
Wednesday, May 14, 2025, 7:20 am
Databricks is set to acquire startup Neon for $1 billion, a strategic move designed to simplify the creation of AI agents powered by proprietary data. This transaction highlights the company’s ambition to consolidate its position in the data analytics space and streamline advanced AI operations.
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…
Databricks to buy startup Neon for $1 billion, WSJ reports Reuters
The deal is aimed at making it easier for businesses to build artificial intelligence agents with their own data, Databricks CEO says.
permalink / 3 stories from sources in 4 hours ago #cloud #enterprise #bigdataanalytics #acquisitions
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