Databricks acquires Neon
Databricks agrees to acquire Neon, a serverless Postgres database company, to bring speed and flexibility to production workloads.
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Databricks agrees to acquire Neon, a serverless Postgres database company, to bring speed and flexibility to production workloads.
AI coding tools deliver immense value: at Databricks, agentic coding has measurably improved every velocity metric we track and, in some teams, driven an order-of-magnitude gains in output. But nearly every company deploying AI tools at scale has hit the same wall: exponentially growing costs.
bit.io is joining Databricks, where co-founders Adam Fletcher and Jonathan Mortensen and the team will apply their expertise to deliver groundbreaking new developer experiences for data and AI.
Analyze the claims made by Snowflake regarding price/performance compared to Databricks and the counterarguments presented.
SAN FRANCISCO, CA — August 19, 2025 — Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion.