Databricks announces deal to acquire database startup Neon for roughly $1B

1 month ago 5
Business Team Analyzing Interactive Digital Dashboards with Data Visualizations

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  • Databricks, the data warehousing company that competes with Snowflake (NYSE:SNOW), announced a deal on Wednesday to acquire database startup Neon for roughly $1B.
  • The deal allows Databricks to deploy artificial intelligence agents more rapidly, as it seeks to entrench itself further

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