AI platform Archives

Tech Optimizer

June 17, 2025

EnterpriseDB targets AI development with latest update

EnterpriseDB has introduced new features for its EDB Postgres AI platform, including a low-code/no-code environment for application development and enhanced data observability across various databases. The platform, launched in May 2024, integrates relational and non-relational data, automates data pipelines, and supports multiple workloads. The new capabilities aim to improve the success rate of AI projects, which face an estimated 80% failure rate in transitioning from development to production. The updates include tools for managing PostgreSQL databases in hybrid cloud and on-premises environments, Transparent Data Encryption for security, and an analytics engine optimized for AI workloads. EnterpriseDB's enhancements were influenced by customer feedback, focusing on maximizing the value of existing data and supporting GenAI workflows. The company plans to expand its AI ecosystem and enhance its competitive position within the PostgreSQL community.

Tech Optimizer

June 17, 2025

EDB Postgres AI Accelerates New Era of Sovereign Data and AI for Enterprises, Industries, and Nations

EnterpriseDB has introduced significant advancements to its EDB Postgres AI (EDB PG AI) platform, enabling secure and compliant deployment of AI solutions across Postgres environments. The platform integrates transactional, analytical, and AI workloads into a unified system, featuring automatic pipelines and built-in development tools for data automation. Key capabilities include low-code/no-code simplicity for rapid AI pipeline creation and comprehensive hybrid management for real-time insights across databases. Recent research indicates that only 13% of enterprises have successfully implemented agentic AI applications at scale, with early adopters achieving up to 227% higher ROI. Collaborations with Red Hat aim to provide organizations with solutions for successful AI outcomes. New features include enhanced data security, a purpose-built PG AI Analytics Engine for high-performance queries, and a universal data store for various data models. Performance advantages include six times better total cost of ownership (TCO) compared to SQL Server and up to 150 times faster NoSQL performance than MongoDB. A comparative analysis showed that EDB PG AI reduced overall complexity by 67% and maintenance costs by 38%.

Tech Optimizer

June 11, 2025

EDB Postgres® AI Unlocks Rapid GenAI App Delivery for the Enterprise with NVIDIA, at GTC Paris 2025

EnterpriseDB (EDB) has introduced an integration of its EDB Postgres AI platform with NVIDIA NIM microservices, enabling enterprises to easily create and deploy generative AI chatbots and applications with minimal coding. Research from EDB shows that only 13% of global enterprises have implemented comprehensive agentic AI applications, primarily due to fragmented infrastructure and integration challenges. EDB Postgres AI utilizes NVIDIA NeMo Retriever for processing multimodal enterprise data and supports a catalog of NVIDIA NIM microservices to enhance AI model capabilities. The platform is designed for secure and scalable development of agentic AI and operates natively within Kubernetes. EDB Postgres AI is characterized as the first open, enterprise-grade sovereign data and AI platform built on Postgres, integrating transactional, analytical, and AI workloads, with features such as security, compliance, and high availability.

Tech Optimizer

June 4, 2025

Snowflake’s Latest Acquisition Targets $350B Market with Enterprise-Grade Postgres for AI Development

Snowflake intends to acquire Crunchy Data, a provider of open-source Postgres technology, to integrate its enterprise-grade PostgreSQL database into the Snowflake ecosystem. This acquisition, announced at the Snowflake Summit 2025, aims to enhance secure and compliant AI applications for enterprises. Snowflake Postgres will utilize Crunchy Data's technology to provide full Postgres compatibility and support for production applications, particularly in FedRAMP-compliant environments. The integration is expected to simplify the development and scaling of AI applications and is set to enter private preview soon. The acquisition is subject to regulatory approvals and customary closing conditions.

Tech Optimizer

June 4, 2025

Snowflake to acquire database startup Crunchy Data

Snowflake announced its acquisition of Crunchy Data, valued at approximately [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: The recent trend of data company acquisitions shows no signs of slowing down, as evidenced by Snowflake's announcement regarding its acquisition of Crunchy Data. This strategic move, revealed late Monday afternoon, is estimated to be valued at approximately 0 million, although specific terms remain undisclosed as Snowflake has opted not to comment on the deal's valuation. Strengthening Database Offerings This acquisition is part of a broader pattern among major tech companies seeking to enhance their database capabilities, particularly in support of AI applications. Just last week, Salesforce completed its acquisition of Informatica, a company with decades of experience, to strengthen its data management tools for AI. Similarly, Alation acquired Numbers Station to provide its customers with AI agents capable of operating on structured data. Earlier this month, ServiceNow also made headlines with its acquisition of Data.World, further emphasizing the focus on AI-driven solutions. Crunchy Data specializes in providing tools for developers working with Postgres, an open-source object-relational database management system that is well-regarded for its compatibility with SQL. Over its 13-year history, Crunchy Data has collaborated with notable clients such as UPS, SAS, and Moneytree, as well as various public sector organizations, including the U.S. Department of Homeland Security. The integration of Crunchy Data's technology into Snowflake's offerings will pave the way for the introduction of Snowflake Postgres, an enterprise-grade PostgreSQL database tailored for its customers and partners, such as Blue Yonder and LandingAI. This acquisition not only enhances Snowflake's database portfolio but also aligns with the growing demand for AI-driven solutions in the current technological landscape. Snowflake plans to make this new technology available in private preview shortly. Vivek Raghunathan, SVP of engineering at Snowflake, articulated the company's vision, stating, “Our vision is to deliver the world’s most trusted and comprehensive data and AI platform to our customers. Today’s announcement of our proposed acquisition of Crunchy Data represents another reason why Snowflake is the ultimate destination for all enterprise data and AI needs. We’re tackling a massive 0 billion market opportunity and a real need for our customers to bring Postgres to the Snowflake AI Data Cloud.” This acquisition follows Snowflake's launch of new connectors for PostgreSQL and MySQL in 2024, further expanding its capabilities. Additionally, Snowflake's acquisition of data management company Datavolo last year underscores its commitment to enhancing its data management offerings." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million, although specific terms are undisclosed. This acquisition aims to enhance Snowflake's database capabilities, particularly for AI applications, and will lead to the introduction of Snowflake Postgres, an enterprise-grade PostgreSQL database. Crunchy Data specializes in tools for developers working with Postgres and has collaborated with clients such as UPS, SAS, and the U.S. Department of Homeland Security. Snowflake plans to make the new technology available in private preview soon. This acquisition follows Snowflake's recent launch of new connectors for PostgreSQL and MySQL and its acquisition of Datavolo last year.

Tech Optimizer

June 4, 2025

Snowflake Acquisition Expands Postgres Capabilities Of Its AI Data Cloud

Snowflake is acquiring Crunchy Data, a provider of open-source PostgreSQL technology, to enhance its PostgreSQL database services and bolster its AI Data Cloud platform with the introduction of Snowflake Postgres. This acquisition will provide developers with full PostgreSQL capabilities integrated with governance, security, and operational standards for AI applications. Crunchy Data, founded in 2012, offers products like Crunchy Bridge and has a focus on security and compliance, making it a trusted choice for enterprises. Snowflake plans to integrate Crunchy Data's technology into its offerings, streamlining the lifecycle of enterprise PostgreSQL workloads. The acquisition is estimated to be around 0 million and is pending regulatory approvals. Snowflake aims to support Crunchy Data's existing customers and strengthen ties with the Postgres community.

Tech Optimizer

June 4, 2025

Snowflake to acquire Crunchy Data to enhance Postgres for AI

Snowflake plans to acquire Crunchy Data, a provider of open-source Postgres technology, to enhance its AI Data Cloud with a new database platform called Snowflake Postgres. This platform will offer PostgreSQL compatibility while ensuring governance, security, and operational standards for enterprise-grade AI applications. The demand for secure, enterprise-ready PostgreSQL solutions has increased, and the integration of Crunchy Data is expected to meet these needs, particularly in regulated environments like FedRAMP. PostgreSQL is widely adopted, with 49% of developers using it, and Snowflake's Postgres offering aims to streamline the development and scaling of AI applications. Crunchy Data will bring features such as access to performance metrics, scalable architecture, and a user-friendly interface. Organizations using PostgreSQL, including Snowflake partners like Blue Yonder and LandingAI, are expected to benefit from improved development and operational efficiency. Snowflake will support Crunchy Data's existing customers post-acquisition and engage with the PostgreSQL community. Snowflake Postgres will be available in private preview, pending regulatory approvals.

Tech Optimizer

June 4, 2025

Snowflake Buying Crunchy Data To Help Enterprises Deploy Compliant AI Agents

Snowflake plans to acquire Crunchy Data, a provider of open-source Postgres technology, to integrate Snowflake Postgres into its AI Data Cloud. This acquisition aims to offer an enterprise-grade, AI-ready PostgreSQL database with strong governance and security for mission-critical AI applications. Snowflake Postgres will be fully compatible with production applications, enhancing capabilities within the AI Data Cloud by leveraging Crunchy Data’s reputation for enterprise readiness in FedRAMP-compliant environments. PostgreSQL is favored by 49% of developers, and Snowflake Postgres will simplify building, deploying, and scaling production-ready AI applications. Customers like Blue Yonder and LandingAI will benefit from accelerated operations and enhanced efficiency through this integration. Snowflake aims to support the Postgres community and existing Crunchy Data customers, unifying transactional and analytical data within a single database. Key stakeholders from both companies express confidence in the acquisition's potential to enhance security and operational capabilities for enterprise organizations.

Tech Optimizer

June 3, 2025

Snowflake to buy Crunchy Data to enhance its AI Data Cloud

Snowflake intends to acquire Crunchy Data, a developer of cloud-based database software, with the deal potentially valued at around [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: AI Data Cloud company Snowflake has announced its intention to acquire Crunchy Data, a notable developer of cloud-based database software. While specific financial details remain undisclosed, sources cited by CNBC suggest that the deal could be valued at around 0 million. Enhancing AI Capabilities with Snowflake Postgres The acquisition is set to bring Snowflake Postgres into the fold, an AI-ready, enterprise-grade PostgreSQL database designed with developers in mind. This new offering aims to ensure full compatibility with Postgres while adhering to the governance, security, and operational standards essential for mission-critical AI applications. By integrating Crunchy Data’s technology, which is recognized for its enterprise readiness in FedRAMP-compliant environments, Snowflake Postgres will simplify the processes of developing, deploying, and scaling production-ready AI agents and applications. This enhancement is expected to significantly benefit customers and partners, including Blue Yonder and LandingAI, who rely on PostgreSQL for their operational data needs. Paul Laurence, co-founder of Crunchy Data, emphasized the company's commitment to stringent security and comprehensive compliance, stating, “Our deep-rooted commitment to stringent security and comprehensive compliance has made us the trusted Postgres partner for organisations across regulated industries, including federal agencies, Fortune 500 financial institutions, and high-scale SaaS companies.” Upon the acquisition's completion, Snowflake plans to continue supporting the Postgres community and existing Crunchy Data customers, while seamlessly integrating the latter’s capabilities into Snowflake Postgres. Vivek Raghunathan, senior vice president of Snowflake Engineering, articulated the company’s vision: “Our vision is to deliver the world’s most trusted and comprehensive data and AI platform to our customers. Today’s announcement of our proposed acquisition of Crunchy Data represents another reason why Snowflake is the ultimate destination for all enterprise data and AI needs.” The completion of this acquisition is contingent upon regulatory approvals and customary closing conditions. Earlier this year, in February 2025, Snowflake unveiled the Silicon Valley AI Hub at its Menlo Park campus, which boasts nearly 30,000 square feet dedicated to fostering the AI community." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million. The acquisition will integrate Crunchy Data’s technology into Snowflake Postgres, an AI-ready PostgreSQL database, enhancing its compatibility and compliance for mission-critical AI applications. Snowflake aims to support the Postgres community and existing Crunchy Data customers post-acquisition. The deal is subject to regulatory approvals and customary closing conditions.

Tech Optimizer

June 3, 2025

iTWire – Snowflake announces intent to acquire Crunchy Data and add Postgres to its AI data cloud

Snowflake CEO Sridhar Ramaswamy announced plans to acquire Crunchy Data, a provider of enterprise-grade Postgres solutions, to enhance Snowflake’s offerings with a fully managed and hosted Postgres implementation across cloud platforms like AWS, Azure, and GCP. This acquisition will introduce Snowflake Postgres, an AI-ready PostgreSQL database, aimed at supporting mission-critical AI applications while ensuring governance, security, and operational standards. Crunchy Data’s platform offers scaling and performance metrics for enterprise database workloads, and the acquisition reflects the demand for secure Postgres solutions. The transition will likely rebrand Crunchy Data as Snowflake Postgres, providing a traditional relational database within Snowflake's data and AI platform. Snowflake aims to address a substantial market opportunity and has committed to investing in the future of the Postgres community. Snowflake Postgres will soon be available in private preview, pending regulatory approvals.