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The $1 Billion database bet: What Databricks’ Neon acquisition means for your AI strategy
Databricks' $1 billion acquisition of Neon highlights how serverless PostgreSQL has become essential for agentic AI development.
Matt Yonkovit, VP of Product for EDB, told VentureBeat that the acquisition of Neon is a strong vote of confidence in Postgres as a foundational technology for AI and analytics. “Serverless is a great fit for dev/test environments and for quickly jumpstarting AI projects—but as those use cases scale, enterprises need the performance, compliance, and control of a sovereign platform.” “Each of these needs will be increasingly hard to predict in an agentic world where end-user prompts and requests may quickly lead to unexpected demands in storage or compute to solve the problem.
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