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.

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 ...

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 ...

The capital infusion will allow the company to advance product development, provide liquidity for employees and support future AI acquisitions.