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Database startup Neo4j embraces AI to supercharge growth
Graph database startup Neo4j has embraced tools to support AI projects and systems — a move that's bolstered the company's growth.
Neo4j traces its roots back to the early 2000s, when its founders — Emil Eifrem, Johan Svensson, and Peter Neubauer — identified issues with traditional database tech. The company says that revenue has surpassed $200 million — double from three years ago — and will get it to positive cash flow in the “coming quarters.” Neo4j, which commands 44% of the graph database market (per a Cupole Consulting Group report) and counts 84% of the Fortune 100 as customers, including IBM and Walmart, plans to add even more AI features to its platform next year.
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