SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...

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 ...

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

A decade ago, Ion Stoica and his colleagues at UC Berkeley's school of computing identified the roadblock to performing advanced analytics. The challenge at the time was what we then called Big Data.

AI agents are becoming increasingly integral components for modern developers, and Neon is purpose-built to support their agentic workflows. Recent internal telemetry showed that over 80 percent of ...