AI agent

Tech Optimizer
June 4, 2025
Snowflake has acquired Crunchy Data, a provider of enterprise PostgreSQL solutions, to integrate its capabilities into Snowflake's AI Data Cloud. This acquisition aims to enhance AI agent and application development and deployment. It positions Snowflake to compete more effectively in the AI infrastructure market against companies like Databricks. The deal reflects the growing importance of databases in the "agentic AI" market. Snowflake welcomed around 100 employees from Crunchy Data during its Snowflake Summit conference. The acquisition highlights a trend among major platforms to control the data layer for AI agents, as evidenced by recent investments and acquisitions in PostgreSQL-related companies. PostgreSQL is favored by developers, with nearly half using it, due to its suitability for rapid, automated provisioning required by AI agents. Crunchy Data's expertise addresses Snowflake's need for enterprise-grade operational database capabilities, particularly for real-time data storage and retrieval. The acquisition signals a shift towards AI agents managing databases autonomously, with predictions that they will handle 15% of work decisions by 2028. Snowflake's PostgreSQL offering will enter private preview soon, potentially simplifying data infrastructure if it delivers on its promises.
Tech Optimizer
June 3, 2025
Snowflake and Databricks are both integrating PostgreSQL into their offerings, but with different strategic focuses. Snowflake targets large enterprises with an emphasis on enterprise readiness, integration, and governance. In contrast, Databricks focuses on a serverless, cloud-native PostgreSQL optimized for AI agent development and low-latency transactions, appealing to developers and startups. Additionally, Snowflake's integration of PostgreSQL within its AI Data Cloud aims to merge operational and analytical workloads on a single platform, reflecting a broader industry trend toward creating data intelligence platforms.
Tech Optimizer
June 3, 2025
Snowflake intends to acquire Crunchy Data to enhance its capabilities in artificial intelligence applications by integrating Crunchy Data’s open-source PostgreSQL technology into its AI Data Cloud. The acquisition, announced on June 2, is subject to regulatory approvals and will introduce a new PostgreSQL database called Snowflake Postgres. PostgreSQL is widely used by approximately 49% of developers and is valuable for organizations developing AI agents. The integration aims to improve deployment and operations for PostgreSQL users. Snowflake's Senior Vice President of Engineering noted that this acquisition targets a market opportunity valued at [openai_gpt model="gpt-4o-mini" prompt="Summarize the content and extract only the fact described in the text bellow. The summary shall NOT include a title, introduction and conclusion. Text: Snowflake has announced its intention to acquire Crunchy Data, a move aimed at bolstering its capabilities in the realm of artificial intelligence (AI) applications and agents. This strategic acquisition is set to integrate Crunchy Data’s open-source PostgreSQL technology into Snowflake’s AI Data Cloud. The announcement, made in a press release on June 2, highlights that the acquisition's completion hinges on regulatory approvals and standard closing conditions. Once finalized, it will introduce a new PostgreSQL database, aptly named Snowflake Postgres, to the AI Data Cloud ecosystem. Enhancing AI Capabilities PostgreSQL, commonly referred to as Postgres, is a widely adopted open-source relational database, utilized by approximately 49% of developers. This technology is particularly valuable for organizations developing AI agents that rely on data stored within platforms like Snowflake. The integration of Snowflake Postgres is expected to facilitate quicker deployment and more efficient operations for users of PostgreSQL. According to Vivek Raghunathan, Snowflake’s Senior Vice President of Engineering, this acquisition addresses a significant market opportunity valued at 0 billion, responding to the pressing need for customers to incorporate Postgres into the Snowflake AI Data Cloud. Paul Laurence, Co-Founder of Crunchy Data, emphasized the importance of security and compliance in their offerings, which have established Crunchy Data as a trusted partner for organizations operating in regulated sectors. He expressed enthusiasm about collaborating with Snowflake, stating that this partnership will empower existing Postgres users to manage critical workloads with enhanced confidence and security on the Snowflake platform. This acquisition follows Snowflake's earlier announcement regarding the establishment of a new AI hub in Silicon Valley, designed to support developers, startups, and business leaders in their AI initiatives. Meanwhile, in a related development, Databricks recently revealed its acquisition of Neon, a database startup, further illustrating the competitive landscape in the AI and data sectors." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] billion. Crunchy Data's Co-Founder highlighted the importance of security and compliance in their offerings, which positions them as a trusted partner for regulated sectors. This acquisition follows Snowflake's announcement of a new AI hub in Silicon Valley.
Tech Optimizer
June 2, 2025
Databricks has acquired Neon, a startup specializing in serverless Postgres, for one billion dollars. This acquisition aims to help businesses dismantle data silos and enhance AI capabilities. Currently, over 80 percent of databases on Neon's platform are generated by AI. Neon, founded in 2021, offers a fully managed serverless Postgres database and has been recognized as one of the top developer databases. The integration of Neon's technology with Databricks' platform is expected to improve efficiency for developers and enterprise teams, reduce performance bottlenecks, and lower costs. The acquisition is set to finalize later this year.
Winsage
May 22, 2025
Microsoft is advancing an "agentic" future in enterprise computing by leveraging its strengths in Windows PCs and Azure cloud. At Build 2025, executives presented a vision of an "open agentic web" where intelligent software agents operate across devices and applications. Currently, 15 million developers use GitHub Copilot, and 90% of Fortune 500 firms have developed AI agents using Microsoft tools. GitHub Copilot is evolving into a proactive coding agent capable of performing complex development tasks autonomously. Azure AI Foundry is introduced as a unified environment for AI applications, hosting over 1,900 AI models and enabling enterprises to select optimal models for their needs. Windows is transforming into an AI platform with features like AI-driven shortcuts and local AI model access. The Model Context Protocol (MCP) and NLWeb are central to Microsoft's strategy, promoting openness and interoperability among AI agents. Copilot Tuning allows organizations to customize AI agents for specific business contexts, while Copilot Studio supports multi-agent orchestration. Microsoft's integrated AI approach contrasts with competitors like Google and Amazon, positioning it as a leader in providing comprehensive AI solutions.
Tech Optimizer
May 19, 2025
Databricks has agreed to acquire Neon, a significant player in the serverless Postgres market, to enhance its database capabilities and developer experience. Over 80 percent of databases on Neon are automatically created by AI agents, indicating a shift towards agent-driven workflows. Neon's architecture allows for rapid deployment of Postgres instances in under 500 milliseconds, features a cost structure that scales with usage through the separation of compute and storage, and is fully compatible with the Postgres ecosystem. The acquisition aims to eliminate inefficiencies in database scaling, improve performance for concurrent AI agents, and streamline infrastructure while maintaining security and governance. Following the acquisition, Neon's team will join Databricks to support the development of responsive and reliable AI agent systems.
Tech Optimizer
May 16, 2025
Databricks plans to acquire Neon, a company specializing in serverless Postgres technology, to enhance its AI-driven database offerings and developer workflows. The acquisition reflects Databricks' commitment to the evolving database market, which is increasingly influenced by artificial intelligence. Neon’s technology is designed for AI agents, with over 80% of databases on its platform provisioned automatically by AI. Key features of Neon's platform include rapid provisioning of Postgres instances, cost efficiency through separated compute and storage, and full compatibility with the open-source Postgres ecosystem. The integration aims to address limitations of traditional databases, streamline infrastructure, and support the development of AI agent systems. Upon completion of the acquisition, Neon's team will join Databricks, and both companies aim to simplify data architecture and enhance AI agent capabilities. The acquisition is subject to regulatory approvals. Neon was founded in 2021 and focuses on serverless Postgres solutions, while Databricks serves over 10,000 organizations globally with its Data Intelligence Platform.
Tech Optimizer
May 15, 2025
Databricks intends to acquire Neon, a cloud-based serverless Postgres platform, for approximately USD 1 billion. Neon, founded in 2021, offers a managed, open-source Postgres service with features like effortless database cloning, isolated environment testing, and point-in-time data restoration. Over 80% of databases on Neon are created by AI agents. The acquisition aims to enhance Databricks' infrastructure for AI-native applications, allowing developers to create isolated Postgres instances quickly and decouple compute and storage resources. Neon has raised USD 129.5 million from investors, while Databricks has secured over USD 19 billion in funding, with a valuation of USD 62 billion. The acquisition is subject to regulatory approvals, and Neon's team will join Databricks post-acquisition.
Tech Optimizer
May 14, 2025
Databricks Inc. has confirmed its acquisition of Neon Inc. for approximately billion. Databricks, based in San Francisco, was valued at billion after its last funding round. Neon specializes in managed cloud databases, has raised over million in funding, and utilizes a proprietary storage engine built on PostgreSQL. Neon's architecture allows for rapid deployment of database instances in under a second, which enhances performance for AI agents. The acquisition is expected to be finalized by July 31.
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