database

Tech Optimizer
June 3, 2025
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
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.
Tech Optimizer
June 3, 2025
Snowflake intends to acquire Crunchy Data, a provider of open-source Postgres solutions, to enhance the development of secure agentic AI. This announcement was made at the Snowflake Summit in San Francisco, where the integration of Snowflake Postgres into the AI Data Cloud service was discussed. The acquisition aims to merge Postgres capabilities with improved security and governance features, addressing the demand for enterprise-grade Postgres solutions. Crunchy Data's expertise in FedRAMP compliant environments is expected to enhance developer productivity and meet security and compliance needs. PostgreSQL is widely used among developers, and the integration aims to streamline its enterprise utilization, particularly for AI applications. Clients using PostgreSQL can expect improved operational efficiency and a competitive edge in AI development.
Tech Optimizer
June 3, 2025
Snowflake has acquired Crunchy Data, a provider of open-source PostgreSQL solutions, for 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: Snowflake has made a strategic move by acquiring Crunchy Data, a notable provider of open-source PostgreSQL solutions. This acquisition paves the way for the introduction of Snowflake Postgres, a managed PostgreSQL database tailored for AI and transactional workloads within the Snowflake AI Data Cloud. The deal, expected to finalize shortly, involves an investment of approximately 0 million, as reported by CNBC. This acquisition aims to enhance Snowflake's platform with Crunchy Data's operational expertise, compliance capabilities, and deep knowledge of PostgreSQL. In light of the growing demand for robust enterprise-grade Postgres solutions capable of supporting production-scale applications and AI systems, Snowflake asserts that Snowflake Postgres will empower developers with the full capabilities of open-source Postgres. At the same time, it will ensure the governance, security, and operational standards that enterprises require. Addressing Enterprise Challenges with Postgres PostgreSQL is a favored choice among developers due to its open-source nature, flexibility, and support for advanced features like vector embeddings. However, many enterprises encounter challenges with traditional Postgres deployments, particularly in areas such as security, compliance, and scalability. Snowflake emphasizes that managing sensitive data, powering critical AI applications, and operating within regulated industries necessitate robust security and compliance measures that exceed what is typically offered by platforms designed for rapid experimentation. With Snowflake Postgres, the company aims to tackle these challenges by providing a fully managed, secure, and compliant Postgres option seamlessly integrated into the Snowflake platform. This integration is anticipated to minimize operational silos and streamline development workflows. Expanding Use Cases for AI and Transactional Workloads Once operational, Snowflake Postgres will facilitate the use of Postgres-based applications without necessitating extensive code rewrites, while also fostering new development opportunities. Companies heavily invested in the Postgres ecosystem will find it easier to migrate and run existing applications on Snowflake without the need for significant modifications to their codebase. This new offering will complement Unistore, Snowflake’s solution for unifying transactional and analytical data, thereby broadening the scope of Snowflake's capabilities for AI workloads. Why Crunchy Data? Crunchy Data brings a wealth of experience in managed Postgres, Kubernetes-based deployments, and compliance-oriented infrastructure. Snowflake highlights that Crunchy Data’s strong commitment to developers and the open-source community, coupled with their readiness for enterprise applications, makes them an ideal partner for this endeavor. The Crunchy platform offers a range of features, including built-in metrics, connection pooling, logging support, and developer tools. Their solutions encompass managed cloud services, Kubernetes deployments, and on-premise options, showcasing their versatility in meeting diverse customer needs. Customer Reaction Initial feedback from Snowflake’s customer base indicates a positive reception towards the Postgres integration. Chris Burchett, SVP of generative AI at Blue Yonder, expressed enthusiasm, stating that incorporating PostgreSQL technology into the Snowflake ecosystem presents an opportunity for development teams to enhance and streamline benefits for their customers. Dan Maloney, CEO of Landing AI, remarked on the potential impact of having direct access to a PostgreSQL database within Snowflake, emphasizing that this integration could significantly simplify the process of building, deploying, and running AI applications on the Snowflake platform. Snowflake has articulated that this acquisition aligns with its long-term vision of establishing itself as the central hub for enterprise data workloads, further solidifying its position in the market." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million. This acquisition will lead to the introduction of Snowflake Postgres, a managed PostgreSQL database designed for AI and transactional workloads within the Snowflake AI Data Cloud. Snowflake Postgres aims to offer developers the full capabilities of open-source Postgres while ensuring necessary governance, security, and compliance for enterprises. The integration of Crunchy Data's expertise is expected to address challenges related to security, compliance, and scalability in traditional Postgres deployments. Snowflake Postgres will allow companies to run Postgres-based applications with minimal code changes and will complement Snowflake’s Unistore solution for unifying transactional and analytical data. Initial customer feedback has been positive, highlighting the potential benefits of this integration for development teams and AI applications.
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 3, 2025
Snowflake is set to acquire the privately-held PostgreSQL provider Crunchy Data for 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: Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The open-source PostgreSQL, often affectionately dubbed Postgres, has become a focal point for major enterprise data platform vendors. In a significant move, Snowflake is set to acquire the privately-held PostgreSQL provider Crunchy Data in a deal valued at approximately 0 million. This acquisition follows closely on the heels of Snowflake's competitor, Databricks, which recently acquired the serverless PostgreSQL vendor Neon. Together, these acquisitions underscore the growing importance of the open-source database in contemporary enterprise data and AI workflows. Unlike Neon, which was a relatively young company, Crunchy Data has established itself over the past decade since its inception in 2012. Its flagship product, Crunchy Postgres, offers a managed, automated, and fully supported version of PostgreSQL. Additionally, Crunchy Data provides a specialized version of its platform tailored for Kubernetes environments, as well as a newer offering called Crunchy Data Warehouse, designed to integrate seamlessly with data lakehouse architectures. Snowflake has indicated that Crunchy Data's technology will serve as the backbone for a new initiative dubbed Snowflake Postgres. This offering aims to empower users by merging Crunchy Data’s robust and developer-friendly Postgres capabilities with Snowflake’s secure and governed environment. The overarching objective is to streamline the process for developers to build, deploy, and scale production-ready AI agents and applications. Paul Laurence, co-founder of Crunchy Data, shared insights in a blog post, stating, “In our discussions, it quickly became clear that the same trends that Crunchy Data was seeing from the operational database world were also apparent to Snowflake. With today’s announcement, we are targeting the large online transactional processing (OLTP) market, leveraging Snowflake’s reach and Crunchy Data’s flexible, scalable solutions for enterprise workloads and developers alike.” What PostgreSQL support brings to Snowflake Snowflake’s data cloud platform provides a comprehensive cloud data warehouse for its enterprise clientele. While the company boasts a growing customer base, it does not yet encompass the extensive open-source PostgreSQL community. PostgreSQL has gained traction as a favored database, not only for traditional enterprise applications but also for agentic AI, which explains Databricks' acquisition of Neon. Moreover, the acquisition brings with it a robust developer community. Data analyst Sanjeev Mohan remarked on the acquisition's significance, noting, “Unlike Neon, Crunchy is truly enterprise.” He emphasized that Crunchy Data has cultivated a deep PostgreSQL user community and is actively engaged with Kubernetes. The company’s offerings extend beyond operational workloads, supporting analytics as well. Originally designed as an OLTP database, PostgreSQL has evolved, with contributions from Crunchy Data and other vendors like Google’s AlloyDB, to accommodate OLAP (Online Analytics Processing) workloads as well. Mohan expressed optimism regarding the future of PostgreSQL in enterprise applications, stating, “The community has continuously added exceptional capabilities not only for traditional relational and SQL use cases but also for time-series, JSON, and vector search, while boasting some of the best geospatial features available.” Why PostgreSQL matters to Snowflake and its enterprise users PostgreSQL's widespread adoption in enterprises is noteworthy, particularly as developers increasingly leverage it as a foundation for agentic AI. This trend is a key factor behind Databricks' acquisition of Neon and Snowflake's decision to acquire Crunchy Data. It reflects a broader, multi-year initiative at Snowflake to foster open engagement with developers. Kevin Petrie, vice president of research at BARC, commented on the alignment of PostgreSQL’s popularity with developers and Crunchy Data’s support for data warehousing on Iceberg, stating, “This aligns well with Snowflake’s core strategy.” Apache Iceberg, an open-source data lake table format, is part of Snowflake’s expanding commitment to embrace open technologies. Petrie noted that it is easy to envision how organizations might utilize Crunchy Data's technology within the Snowflake platform to develop AI applications for common use cases such as telemetry, geospatial, and advertisement analytics. He also expressed that Crunchy Data's acquisition was not unexpected, given its recent growth stagnation. “Crunchy Data’s growth seems to have flattened in the last couple of years, so it’s not surprising to see them opt for this exit,” he remarked. “The consolidation wave among data tools and platforms continues.” Why it matters to the enterprise For leaders in enterprise data and AI, Snowflake’s acquisition of Crunchy Data reinforces a crucial insight: PostgreSQL is significant. It has transcended its role as merely an open-source alternative to proprietary relational databases, evolving into a widely adopted platform that is rapidly becoming a de facto standard for developers and the enterprises they serve in building agentic AI and scalable enterprise applications. The major hyperscalers, including Google, Amazon, and Microsoft, along with a plethora of smaller vendors such as EDB, Aiven, and Netapp Instaclustr, are already backing PostgreSQL. With Snowflake and Databricks now investing heavily in PostgreSQL, it is evident that enterprises should incorporate it into their developer and AI stacks." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million. This acquisition follows Databricks' recent purchase of the serverless PostgreSQL vendor Neon. Crunchy Data, established in 2012, offers a managed version of PostgreSQL and has a specialized platform for Kubernetes environments. Snowflake plans to use Crunchy Data's technology for a new initiative called Snowflake Postgres, aimed at enhancing developer capabilities in building AI applications. PostgreSQL's adoption is growing in enterprises, particularly for agentic AI applications, which is a factor in both Snowflake's and Databricks' acquisitions. The PostgreSQL community is robust, with contributions enhancing its capabilities for various workloads. Major tech companies are backing PostgreSQL, indicating its importance in enterprise data and AI strategies.
Tech Optimizer
June 2, 2025
Snowflake has acquired Crunchy Data, known for its enterprise PostgreSQL solutions, during the Snowflake Summit 2025 in San Francisco. PostgreSQL holds a 49 percent market share among developers, making it the most favored database choice. The acquisition aims to meet the growing demand for enterprise-grade PostgreSQL solutions for AI applications. Crunchy Data specializes in secure, compliant PostgreSQL solutions, including FedRAMP compliance for government contracts. The integration will enhance Snowflake Unistore, which combines transactional and analytical data. Snowflake Postgres, designed for transactional applications requiring PostgreSQL compatibility, will enter private preview soon, pending regulatory approval.
Tech Optimizer
June 2, 2025
Organizations are transitioning from legacy database systems like Microsoft SQL Server and Oracle to open-source alternatives such as PostgreSQL to reduce costs and enhance scalability. This migration process involves several steps, including schema conversion, business logic transformation, data migration, application changes, and performance tuning. Amazon Bedrock aids this process by automating schema and code conversion, data transformation, identifying code compatibility issues, and generating test cases for validation. The migration challenges include adapting database objects to PostgreSQL's syntax, converting stored procedures and functions, executing ETL processes for data accuracy, modifying application code, and optimizing performance. Amazon Bedrock utilizes generative AI to simplify these tasks, significantly reducing manual effort and errors. An example of code conversion from Microsoft SQL Server to PostgreSQL is provided, illustrating how to convert a stored procedure into a PostgreSQL function while generating corresponding test cases. The process involves using the Amazon Bedrock chat interface to submit prompts for conversion and validation. To support the migration, table creation scripts for the Employees and SalaryUpdateLog tables are included, along with test data that covers various employee scenarios. This data allows for comprehensive testing of the converted function, ensuring it correctly applies salary updates based on specified criteria.
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.
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