Databricks just snatched up another AI company.This week, the data analytics giant announced a $1 billion acquisition of Neon, a startup building an open source alternative to AWS Aurora Postgres.
Its the latest in a spree of high-profile buys, joining MosaicML and Tabular, as Databricks positions itself as the place to build, deploy, and scale AI-native applications.Today, on A Technology NewsRooms Equity podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha unpack the Databricks-Neon deal, where Neons serverless Postgres tech fits into the larger vision, and whether $1 billion still counts as a lot of money these days (spoiler: Kirsten and Anthony are on the fence).Listen to the full episode to hear about:Equity will be back next week, so dont miss it!Equity is A Technology NewsRooms flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
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