News from the AI & ML world
Berry Zwets@Techzine Global
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Databricks has announced its acquisition of Neon, an open-source database startup specializing in serverless Postgres, in a deal reportedly valued at $1 billion. This strategic move is aimed at enhancing Databricks' AI infrastructure, specifically addressing the database bottleneck that often hampers the performance of AI agents. Neon's technology allows for the rapid creation and deployment of database instances, spinning up new databases in milliseconds, which is critical for the speed and scalability required by AI-driven applications. The integration of Neon's serverless Postgres architecture will enable Databricks to provide a more streamlined and efficient environment for building and running AI agents.
Databricks plans to incorporate Neon's scalable Postgres offering into its existing big data platform, eliminating the need to scale separate server and storage components in tandem when responding to AI workload spikes. This resolves a common issue in modern cloud architectures where users are forced to over-provision either compute or storage to meet the demands of the other. With Neon's serverless architecture, Databricks aims to provide instant provisioning, separation of compute and storage, and API-first management, enabling a more flexible and cost-effective solution for managing AI workloads. According to Databricks, Neon reports that 80% of its database instances are provisioned by software rather than humans.
The acquisition of Neon is expected to give Databricks a competitive edge, particularly against competitors like Snowflake. While Snowflake currently lacks similar AI-driven database provisioning capabilities, Databricks' integration of Neon's technology positions it as a leader in the next generation of AI application building. The combination of Databricks' existing data intelligence platform with Neon's serverless Postgres database will allow for the programmatic provisioning of databases in response to the needs of AI agents, overcoming the limitations of traditional, manually provisioned databases.
ImgSrc: www.techzine.eu
References :
- Databricks: Today, we are excited to announce that we have agreed to acquire Neon, a developer-first, serverless Postgres company.
- www.infoworld.com: Databricks to acquire open-source database startup Neon to build the next wave of AI agents
- www.bigdatawire.com: Databricks Nabs Neon to Solve AI Database Bottleneck
- Dataconomy: Databricks has agreed to acquire Neon, an open-source database startup, for approximately $1 billion.
- BigDATAwire: Databricks today announced its intent to buy Neon, a database startup founded by Nikita Shamgunov that develops a serverless and infinitely scalable version of the open source Postgres database.
- Techzine Global: Neon’s technology can spin up a Postgres instance in less than 500 milliseconds, which is crucial for AI agents’ fast working methods.
- AI News | VentureBeat: The $1 Billion database bet: What Databricks’ Neon acquisition means for your AI strategy
Classification:
- HashTags: #AI #Databases #Databricks
- Company: Databricks, Neon
- Target: Developers
- Product: Neon, Databricks Data Intelligence Platform
- Feature: Serverless Postgres for AI Age
- Type: AI
- Severity: Informative