Databricks purchases the start of the neon database for about $ 1 billion

Photo of author

By [email protected]


Databricks, co -founder and CEO Ali Godsi.

Databricks

Databrics said the Data Analytics start on Wednesday that she is buying Neon, a cloud -based database program, for about one billion dollars.

It is the latest big deal for Databricks, which bought Mosaicml starting the artificial intelligence model For $ 1.3 billion In 2023 and pushed More than one billion dollars Last year to start the data improvement.

Databricks said in a statement that the neon has more than 18,000 customers. Customers include Openai, Adobe, Boston Consulting Group, Refore and Vercel, according to the Neon website.

Many developers have flocked to the neon, which is the open source and is described as an alternative to the highest cloud provider Amazon Aurora Postgres Aurora. In the 1980s. Supabase, an emerging company whose tools have become common with it “Atmospheric coding” tools Like Lovable and Figma recently announced Make figmaIt also depends on postgresql.

Cloud service providers Google and Microsoft They have their own options to run Postgresql databases. Databricks sells programs that can help clean data, implement queries and operate artificial intelligence models.

Microsoft, Snowfall Databricks in Nion, who was the co -founder and former CEO, invested Dead And Microsoft Nikita Shamgunov engineer. After leaving Meta, Shamgunov was managed by Singlestore Singlestore, previously known as MEMSQL.

“What he did is amazing,” said Ali Godsi, co -founder and executive director of Databricks, said on Shamgonov. Unlike SuPabase, Neon is separating computing works from storing basic data, making his program more economical, Godsi said.

Supabase immediately did not respond to CNBC’s request for comment.

Guudsi said that Databricks did not make a decision on what he would be the title of Shamgonov after the acquisition of the neon.

Neon fees based on the amount of computing and storage that each customer uses per month. Its program can work in Amazon and Microsoft clouds.

Founded in 2021, Neon is a distributed company, with more than 130 employees, according to Job title.

Databricks, based in San Francisco, was established in 2013, and $ 62 billion in A. 10 billion dollars The funding was announced in December. Some money has been allocated for acquisitions.

He watches: Databrics CEO about a new partnership with SAP on “Business AI”

Databrics CEO about a new partnership with SAP on



https://image.cnbcfm.com/api/v1/image/108090174-1737511299846-Handout_Ali_Ghodsi_seated.jpg?v=1737511358&w=1920&h=1080

Source link

Leave a Comment