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Content provided by Jaeden Schafer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jaeden Schafer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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Databricks Buys AI Database Startup Neon for $1B

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Manage episode 482872775 series 3454692
Content provided by Jaeden Schafer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jaeden Schafer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this conversation, Jaeden discusses the recent acquisition of the database startup Neon by Databricks for $1 billion. He highlights the innovative features of Neon, which focuses on AI-driven database management, and contrasts it with Databricks' growth strategy.

Takeaways

Databricks acquired Neon for $1 billion, focusing on AI-driven databases.

AI Box offers a platform for accessing multiple AI models.

Neon allows developers to clone databases and scale resources automatically.

80% of databases on Neon are created by AI agents.

Databricks has raised $19 billion, enabling significant acquisitions.

Neon provides an open-source alternative to AWS's Aurora Postgres.

The acquisition aligns with Databricks' push into AI technology.

Databricks has a history of making multi-billion dollar acquisitions.

The growth of Neon showcases the potential of AI in database management.

The conversation emphasizes the importance of innovation in tech acquisitions.

  continue reading

860 episodes

Artwork
iconShare
 
Manage episode 482872775 series 3454692
Content provided by Jaeden Schafer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jaeden Schafer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this conversation, Jaeden discusses the recent acquisition of the database startup Neon by Databricks for $1 billion. He highlights the innovative features of Neon, which focuses on AI-driven database management, and contrasts it with Databricks' growth strategy.

Takeaways

Databricks acquired Neon for $1 billion, focusing on AI-driven databases.

AI Box offers a platform for accessing multiple AI models.

Neon allows developers to clone databases and scale resources automatically.

80% of databases on Neon are created by AI agents.

Databricks has raised $19 billion, enabling significant acquisitions.

Neon provides an open-source alternative to AWS's Aurora Postgres.

The acquisition aligns with Databricks' push into AI technology.

Databricks has a history of making multi-billion dollar acquisitions.

The growth of Neon showcases the potential of AI in database management.

The conversation emphasizes the importance of innovation in tech acquisitions.

  continue reading

860 episodes

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