Databricks to buy open-source database startup Neon for $1B

Information Analytical Platform Databricks He said he agrees to buy on Wednesday NeonA startup building is an open source alternative to Aurora Postgres for Aurora Postgres.

Databicks, Neon’s technology, to allow customers to place more efficient placement, the Start-free relation database management system will allow you to connect its information intelligence management system.

In 2021, CEO Nikita Shamgunov and Software Engineers were established by Heikki Lynnakangas and Stas Kelvich, Neon offers a managed cloud-based database platform (With free and paid plans used)) Preview and preview changes before leaving the databases and production of developers. In accordance with the rules of use of the platform, the processor, memory and storage automatically supports scales scales, but also isolated database instances for testing and development.

These opportunities, Databicks says it is ideal for workloads working by AI agents that work faster than human developers, but often require control over control. According to the latest telemetry, the company, 80% of the database was provided in Neon, not by people, but also created by AI agents. “

“The period of applications working with the EU-native, agent, it changes the need to do a database,” he said. “Neon proves that: all five databases on the platform are not people, not neon, not neon, a seriously post-free post-post-you-to-you economy and the opening of the postgres community.”

Neon has so far raised $ 129.5 million, so CrispyAnd investors include Microsoft’s lever m12, overall catalyst, Menlo enterprises and prominent capital. Databricks, in turn, financing so far and gathered more than $ 19 billion in January $ 15.3 billion financing was closed in an estimate of $ 62 billion.

Databricks did not return on the Databricks, to capitalize on the AI ​​boom and place itself as the best service to test itself, test and build EU models and agents. Company Last June Purchased Information Management Company Tablereported to about $ 2 billion and in 2023 Bought a mosaicmlPrepare a large language models and an open source platform to prepare AI instruments, $ 1.3 billion.