SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...

(Reuters) - Databricks said on Wednesday it would buy database startup Neon in a deal valued at about $1 billion, aiming to strengthen its analytics platform with technology that can help businesses ...

The capital infusion will allow the company to advance product development, provide liquidity for employees and support future AI acquisitions.

Databricks Grows >55% YoY, Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation Company accelerates investments in Agent Bricks, Lakebase and Databricks Apps to power Data ...

Part of the capital is expected to be used to provide liquidity to employees, while the rest will support product development ...

NAB has revealed it is starting to make use of serverless compute as part of its data ecosystem, with an 18-month lead time required just to gain regulatory and internal approvals. Speaking at ...

Databricks just made app development a piece of cake. The Ali Ghodsi-led company announced Databricks Apps, a capability that allows enterprise developers to quickly build production-ready data and AI ...

SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced an expanded collaboration and commitment to deeper technical integrations with NVIDIA during the ...