Microsoft, Snowflake and Databricks have all invested in Neon, whose co-founder and CEO is former Meta and Microsoft engineer Nikita Shamgunov. After leaving Meta, Shamgunov ran database startup ...

Snowflake rival Databricks on Wednesday acquired database startup Neon in a $1 billion deal as the software companies battle in the enterprise market. advertisement. Investor's Business Daily.

This move “allows Databricks to strengthen its AI infrastructure capabilities, specifically in areas like AI-driven database provisioning and the development of AI agents, a notable gap they are ...

Databricks Inc., the distributed data unicorn with a $38 billion valuation, and Snowflake Computing Inc., the cloud data warehousing pioneer with the $107 billion market capitalization, have been on a ...

Databricks to buy open-source database startup Neon for $1B Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, California, June 7, 2024.

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 ...

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.

Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. Watch NBC 5 free wherever you are WATCH HERE ...