Enterprise alert: PostgreSQL just became the database you can’t ignore for AI applications

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors. Snowflake is acquiring privately-held PostgreSQL provider Crunchy Data, in a deal that is reportedly valued at $250 million. The acquisition comes barely two weeks after Snowflake’s rival Databricks acquired serverless PostgreSQL vendor Neon. The pair of PostgreSQL acquisitions highlights the critical importance of the open-source database to modern enterprise data and AI workflows. Unlike Neon, which was only a three-year-old company, Crunchy Data has been around for over a decade, having been founded in 2012. The company’s core platform, Crunchy Postgres, is a managed, automated and fully supported version of PostgreSQL. There is also a specific version of the platform for Kubernetes environments and a newer produ ... Read full article.