Snowflake Buys Crunchy Data for $250m, Databricks Buys Neon for $1B. The New AI Database Battle.
SaaStr
JUNE 2, 2025
The Neon team engineered a new database architecture that offers speed, elastic scaling, and branching and forking. As Vivek Raghunathan, senior vice president of engineering at Snowflake, explained: “The vision here is that Snowflake Postgres will simplify how developers build, deploy and scale agents and apps.
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