Snowflake Buys Crunchy Data for $250m, Databricks Buys Neon for $1B. The New AI Database Battle.
SaaStr
JUNE 2, 2025
million previously Focus: Serverless PostgreSQL optimized for AI agents I am super excited to announce that we have agreed to acquire Neon, a developer-centric serverless Postgres company. ” Snowflake’s Enterprise-Focused Approach Snowflake’s strategy targets enterprise customers and government agencies. .”
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