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 ...

SAN FRANCISCO, June 11, 2025 /CNW/ -- 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 for AI.

Databricks, an AI-focused company, has successfully raised $4 billion, pushing its valuation to a staggering $134 billion.

DataStax, the company that delivers Apache Cassandra to the enterprise, today announced a partnership with Databricks, the company founded by the creators of Apache Spark. As the database industry's ...

Confirming recent reports, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion. San ...

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 artificial ...

The database market is one of the largest and fastest-growing in tech. Incumbents like Microsoft, Oracle, Amazon, IBM, SAP, and Google have dominated the market. But newer entrants like Snowflake and ...

Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.

Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei ...