Databricks announced its intention to acquire Neon, a developer of a cloud-based dataset platform built on PostgreSQL, to enhance capabilities for developers and autonomous AI agents. The acquisition's estimated value is approximately billion, although financial specifics remain undisclosed. Neon, based in Menlo Park, California, raised .6 million prior to the acquisition. This move will expand Databricks' portfolio with open-source database functionalities, aiding in the development of data and AI applications. Databricks has made several acquisitions to support generative AI development, including MosaicML, Arcion, Einblick, Lilac AI, BladeBridge, and Tabular, with some valued at over billion. Neon's platform allows users to create PostgreSQL instances quickly and features a disaggregated compute and storage architecture for automatic scaling. The Neon team will join Databricks following the acquisition's completion.