set

Tech Optimizer
June 4, 2025
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 intends to acquire Crunchy Data, a provider of open-source PostgreSQL technology, to enhance its AI Data Cloud by integrating Crunchy Data's enterprise-grade Postgres offerings. The new product, "Snowflake Postgres," will be a developer-friendly, AI-ready database for mission-critical applications. Snowflake plans to invest approximately 0 million in this acquisition, which aims to support complex AI applications at scale and bring a team experienced in Postgres. This move comes amid a competitive cloud data market, with Snowflake's stock trading near its 52-week high. The acquisition is expected to influence how enterprises approach AI and data integration, potentially setting a new benchmark for cloud platforms.
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 4, 2025
Snowflake plans to acquire Crunchy Data, a leader in open-source PostgreSQL technology, to enhance its AI Data Cloud by integrating a fully enterprise-ready Postgres experience. This acquisition addresses the growing demand for production-grade PostgreSQL environments that combine open-source strengths with security, compliance, and scalability, particularly for AI applications. Crunchy Data is known for providing enterprise-class enhancements for Postgres, especially in regulated sectors. The integration aims to help enterprises build AI-native applications while maintaining security and operational control. Snowflake sees a [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, a prominent player in the AI Data Cloud sector, has unveiled its plans to acquire Crunchy Data, a recognized leader in trusted open-source PostgreSQL technology. This announcement, made during the Snowflake Summit 2025, signifies a strategic initiative to incorporate a fully enterprise-ready and developer-friendly Postgres experience into the Snowflake AI Data Cloud. The acquisition is timely, responding to the increasing demand from enterprises for production-grade PostgreSQL environments that combine the strengths of open-source Postgres with essential features such as security, compliance, and scalability—elements that are particularly vital for AI-driven applications. The forthcoming Snowflake Postgres, leveraging Crunchy Data’s technology, aims to fulfill this need. Postgres for AI-Era Workloads PostgreSQL has emerged as the database of choice for nearly half of developers, who utilize it across a variety of workloads. However, deploying Postgres at an enterprise scale, especially for AI-powered applications, has traditionally involved navigating trade-offs between flexibility, governance, and performance. Crunchy Data has established a reputation for overcoming these challenges by providing enterprise-class enhancements for Postgres, particularly in highly regulated sectors such as federal agencies and Fortune 500 financial institutions. By integrating this expertise into the Snowflake platform, Snowflake Postgres will enable teams to develop AI agents, transactional applications, and analytics solutions within a cohesive and governed data ecosystem. “With this acquisition, Snowflake is doubling down on its commitment to help enterprises build AI-native applications without compromising on security or operational control,” remarked Vivek Raghunathan, SVP of Engineering at Snowflake. “Our customers want the best of both worlds: Postgres flexibility combined with enterprise trust—and we’re delivering exactly that.” A Strategic Fit This acquisition extends beyond merely enhancing technical capabilities; it also opens new market opportunities. Snowflake identifies a 0 billion addressable market at the intersection of transactional data and AI. By merging Crunchy Data’s established stack with Snowflake’s scalable infrastructure and AI ecosystem, the company aspires to transform how developers deploy and scale modern applications. Paul Laurence, Co-Founder of Crunchy Data, expressed enthusiasm about the partnership: “We founded Crunchy Data to bring secure, enterprise-grade Postgres to mission-critical environments. Partnering with Snowflake allows us to scale that mission globally, instilling confidence in customers to run sensitive workloads on a modern AI data platform.” Organizations like Blue Yonder and LandingAI, which currently leverage PostgreSQL for their operational applications, are poised to reap immediate benefits. With Snowflake Postgres, they can expedite deployment cycles, streamline AI integration, and maintain compliance—all without the need to overhaul their core data infrastructure. Future Outlook Snowflake has committed to providing ongoing support for existing Crunchy Data customers and has reiterated its long-term dedication to the open-source Postgres community. The newly introduced Snowflake Postgres is set to enter private preview soon, with plans for deeper integration into Snowflake's Unistore offering, which seamlessly combines transactional and analytical workloads. This acquisition represents a significant milestone in Snowflake’s mission to deliver a unified, AI-first data platform, one that empowers enterprises to innovate without sacrificing trust." max_tokens="3500" temperature="0.3" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] billion addressable market at the intersection of transactional data and AI, and the acquisition will allow it to transform how developers deploy and scale applications. Existing Crunchy Data customers will continue to receive support, and Snowflake Postgres will soon enter private preview, with plans for integration into Snowflake's Unistore offering.
AppWizard
June 4, 2025
Adobe has launched the main Photoshop app for Android, currently available for free on the Google Play Store. The app is in beta testing and includes familiar desktop features, premium tools, and generative AI technology such as Generative Fill and smart subject selection. This is the first authentic Adobe Photoshop app for Android, aiming to provide a comprehensive mobile editing experience that bridges the gap with desktop capabilities and supports Creative Cloud.
AppWizard
June 4, 2025
A leak regarding Sonic Racing: CrossWorlds has revealed crossover content featuring franchises such as Teenage Mutant Ninja Turtles (TMNT), Avatar: The Last Airbender, SpongeBob SquarePants, and Minecraft. The TMNT content includes a "Pizza Van" in four color variants and a themed race track set in New York City. Avatar content features Aang on a hoverboard and a "Bending Gates" mechanic for elemental powers. Minecraft is represented with a character selection menu hinting at a Minecraft-style character and themed vehicles. SpongeBob SquarePants will also be a playable racer with a unique vehicle and track. The leaks confirm the presence of TMNT, Avatar, and Minecraft, with potential for more franchises to be announced. Sonic Racing: CrossWorlds is expected to launch later this year.
AppWizard
June 4, 2025
Sonic Racing Crossworlds will feature crossover content from franchises such as Minecraft, Avatar: The Last Airbender, and SpongeBob SquarePants. Confirmed characters include SpongeBob with a Krabby Patty kart, Alex from Minecraft in a minecart, and an older Aang from Avatar using a glider as a hoverboard. The Teenage Mutant Ninja Turtles are rumored to be included, indicating a collaboration with Paramount properties. The game is set for release in 2025, and some crossovers may be available as downloadable content (DLC).
AppWizard
June 4, 2025
Destiny is set to release a new expansion titled The Edge of Fate on July 15, following the success of The Final Shape. The expansion aims to revitalize player engagement and introduce innovative gameplay mechanics, including an expanded buildcraft space and a new gear tiering system for armor and weapons. Bungie is working on enhancing Darkness subclasses and introducing Solo Ops for single-player experiences. The developers emphasize balancing challenge and reward, ensuring that players earn rewards through meaningful challenges. A new World Tier system will apply to the Kepler destination, allowing casual players to navigate the campaign at their own pace. Bungie is cautious about introducing a rarity tier above exotic items to maintain a balanced loot system. The team is also considering the return of class items from the original Destiny.
Search