Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth ...
Postgres has become the default database for modern software. Long before AI-assisted development, Postgres emerged as the backend of choice for production platforms, offering the broadest surface ...
The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors. Unlike Neon, which was only a three-year-old company, ...
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