Databricks purchases about $ 1 billion in database starting neon

Data analysts said the starting databrices, on Wednesday, a cloud-based database software for about $ 1 billion.

Artificial Intelligence Model Training Launch Mosasmml Alan is the last thing for data To $ 1.3 billion In 2023 and paid More than $ 1 billion Starting schedules last year to optimize information.

Neo has more than 18,000 customers, in the disclosure of the verbs in the data. According to the neon site, customers include Openai, Adobe, Boston Consulting Group, replit and Vercel.

Many developers flocked to neona, which is an open source and an alternative to the top cloud provider Amazon Web services Aurora Postgres database service. Open Source PostgreSQL database has been formed in the 1980s. Supabase is a beginner with the popularity of tools “Vibe coding” tools Recently declared as loved and figma Make a figureAlso built on postgresql.

Cloud providers Google and Microsoft Have their own choices to run the postgrezql database. Databicks sells a program that can help cleaning data, execution of surveys and operating AI models.

Microsoft, Avalanche and the verbs are all of a cooriter and Neona in the past of CEO Meta and Microsoft Engineer Nikita Shamgunov. After leaving the meta, Shamgunov was previously known as a database of databases known as MemSQL Ran.

“It is amazing,” Ali Ghodsi, Databricks’ co-founder and CEO, said Shamedov. Unlike SUPBASE, Neon separates the program from the main data warehouse, making the software more economic, Ghodsi.

Supabase did not respond immediately to CNBC’s desire.

According to Ghodsi, Databricks did not decide what the Shamganov’s title would be after the acquisition of neon.

Neon charges for the amount of computing and storage using each client per month. Its program can work in the cloud of Amazon and Microsoft.

Founded in 2021, the Neon is a distributed company with more than 130 employees Description of the work.

Databricks, located in San Francisco, were founded in 2013 and estimated at $ 62 billion $ 10 billion Financing was declared in December. Given to obtain a part of the money.

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