database Archives

Tech Optimizer

May 15, 2025

Neon Serverless Postgres: Azure Native Integration Now Available

Microsoft and Neon have launched Neon Serverless Postgres as a native integration within the Azure ecosystem, following its initial preview in December 2024. This open-source, serverless database solution is positioned as an alternative to AWS Aurora Postgres. Key features include automatic scaling, branching capabilities, direct database connection from Azure, Azure CLI and SDK support, and Semantic Kernel integration for RAG pipelines. Microsoft has invested millions in Neon as part of a broader funding round to enhance collaboration. Neon’s platform includes autoscaling, branching, and point-in-time restore capabilities, specifically designed for AI applications. EnterpriseDB has appointed Nancy Hensley as Chief Product Officer to lead growth for its EDB Postgres AI platform, which supports various workloads and modernizes legacy systems. Additionally, companies are increasingly adopting passwordless authentication methods, with MojoAuth offering solutions that integrate into applications to enhance security and user experience.

Tech Optimizer

May 15, 2025

Databricks to acquire serverless database startup Neon for USD 1 Billion

Databricks intends to acquire Neon, a serverless Postgres startup, for approximately USD 1 billion. Neon specializes in a modern database service based on PostgreSQL, offering features such as near-instantaneous database provisioning, elastic scaling, and powerful branching capabilities. This acquisition aims to enhance Databricks' offerings for AI tools, particularly AI Agents. Databricks has a history of expanding through acquisitions, including the purchase of MosaicML for USD 1.3 billion in 2023 and Tabular for over USD 1 billion in 2024. The company has a valuation of USD 62 billion and projected annualized revenue of USD 2.4 billion by mid-year. The acquisition awaits regulatory approvals.

Tech Optimizer

May 15, 2025

Databricks to Acquire Neon in USD 1 Billion Deal to Power AI Agent Workflows with Serverless Postgres

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 Acquires Neon for $1 Billion, Boosting AI Infrastructure with Serverless PostgreSQL

Databricks has acquired Neon, a cloud-based database startup specializing in serverless PostgreSQL, in a billion-dollar deal. This acquisition aims to enhance Databricks' role in the AI tooling landscape and reflects a shift in the database market to meet the needs of AI-native applications. Neon, founded in 2021 and based in Menlo Park, California, had raised nearly million before this acquisition. Databricks CEO Ali Ghodsi noted that 80% of databases on their platform are created by code rather than humans, indicating a shift in database management driven by autonomous AI agents. Databricks has been actively acquiring companies to strengthen its AI development capabilities, having previously acquired firms like MosaicML and Arcion. Ghodsi emphasized that as a private entity, Databricks can make long-term strategic decisions without public market pressures. The acquisition reflects a broader trend of increased deal-making in the AI sector and highlights the growing importance of robust data infrastructure in the context of sovereign AI initiatives.

Tech Optimizer

May 14, 2025

Databricks buys serverless database startup Neon for reported $1B

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.

Tech Optimizer

May 14, 2025

Databricks to Acquire Neon, Targeting Serverless Postgres for AI Agent Workloads

Databricks plans to acquire Neon, a serverless Postgres provider designed for automation and AI-driven database interactions. Neon's architecture allows for 80% of databases on its platform to be provisioned automatically by AI agents, enabling rapid execution and unpredictable scaling. It can provision fully isolated Postgres instances in under 500 milliseconds and features instant schema and data forking. Neon's usage-based pricing model charges organizations only for executed queries, addressing cost inefficiencies of traditional databases. It is fully compatible with Postgres and supports common extensions, facilitating ease of use for developers. After the acquisition, Neon's team will join Databricks to support existing users and develop tools for AI-native systems.

Tech Optimizer

May 14, 2025

Databricks adds Postgres database with $1B Neon acquisition

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.

Tech Optimizer

May 14, 2025

Databricks to buy open-source database startup Neon for $1B

Databricks intends to acquire Neon, a startup known for its open-source alternative to AWS Aurora Postgres, in a deal valued at approximately billion. The acquisition aims to integrate Neon’s serverless relational database management system with Databricks' data intelligence services, enhancing the deployment of AI agents. Neon, founded in 2021, offers a managed cloud-based database platform with features like automatic scaling, database cloning, and point-in-time recovery. Recent data shows that 80% of databases on Neon are provisioned by AI agents. Neon has raised .6 million from investors including Microsoft’s M12, while Databricks has raised over billion, recently closing a .3 billion funding round. Databricks has previously acquired Tabular and MosaicML to strengthen its position in the AI landscape.

Tech Optimizer

May 14, 2025

Databricks acquires Neon: serverless Postgres database for AI agents

Neon can spin up a Postgres instance in less than 500 milliseconds. Databricks has acquired Neon, rumored to be valued at over a billion, to enhance its AI capabilities. Neon focuses on developing a premier Postgres solution for cloud environments and aims to refine its offerings with Databricks' support. Neon’s serverless architecture allows for a fully isolated Postgres database deployment in under 500 milliseconds, separates compute and storage for cost efficiency, and maintains compatibility with the Postgres ecosystem. The integration of Neon’s architecture with Databricks' platform aims to improve AI agent systems, alleviate performance bottlenecks, streamline infrastructure, and reduce operational costs. The acquisition will result in the Neon team joining Databricks, pending regulatory approvals.

Tech Optimizer

May 14, 2025

Databricks just spent $1B to take on AWS Aurora Posgres

Databricks has acquired Neon, a database firm known for its serverless, managed Postgres offering. Founded in 2021, Neon offers a serverless open-source alternative to AWS Aurora Postgres, featuring a decoupled architecture for independent scaling. Databricks reportedly invested a billion dollars in this acquisition, emphasizing the strategic value of integrating Neon's technology into its offerings.