
Artificial Intelligence (AI)
Databricks buys open-source database startup Neon for $1B
Databricks, a leading data and AI platform, has announced the acquisition of Neon, a fast-growing startup developing a serverless, open-source alternative to AWS Aurora Postgres. The deal, reportedly worth around $1 billion, marks Databricks’ latest strategic move to strengthen its capabilities in supporting AI-native applications. Founded in 2021 by former