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 ...

Databricks, in the Lakebase announcement, said operational OLTP (online transaction processing) databases underpin every application and today are a $100-billion-plus market.

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. With Lakebase, Databricks adds an ...

Databricks intends to buy Neon to help its customers build and use the latest AI tools, specifically programs called AI Agents, which need speedy and adaptable databases to work effectively. For years ...

Snowflake rival Databricks on Wednesday acquired database startup Neon in a $1 billion deal as the software companies battle in the enterprise market and companies ramp up artificial intelligence ...